Opinion
11336-23S
09-11-2023
BENJAMIN FOX & EMMA S. FOX, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Kathleen Kerrigan Chief Judge
On September 7, 2023, the parties filed a Proposed Stipulated Decision for the Court's consideration. Review shows that the document filed as a Proposed Stipulated Decision comprises one copy of a proposed stipulated decision that is signed by both parties and another copy that is signed by petitioners only. Consequently, the Court is unable to process the parties' Proposed Stipulated Decision.
In view of the foregoing, to give effect to the agreement of the parties in this case, and for cause, it is
ORDERED that the parties' Proposed Stipulated Decision is recharacterized as the parties' Settlement Stipulation. Taking into account the basis for settlement reached between the parties, as reflected in that document, it is further
ORDERED AND DECIDED that there is no deficiency in income tax due from, nor overpayment due to, petitioners for taxable year 2020.