Opinion
5814-22S
07-05-2024
MARIA DE LOS ANGELES BRAVO GARCIA, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Peter J. Panuthos, Special Trial Judge.
On June 24, 2024, the parties filed a Proposed Stipulated Decision and Settlement Stipulation. Because of a typographical error contained in the proposed decision document, the Court is unable to enter it. Nevertheless, the agreement of the parties in this case is clear to the Court. In view of the foregoing, to give effect to the agreement of the parties, and for cause, it is
ORDERED that the parties' Proposed Stipulated Decision is recharacterized as the parties' Stipulation of Settlement. Taking into account the basis for settlement reached between the parties, as reflected in that document, and incorporating herein the facts stipulated by the parties as the findings of the Court, it is further
ORDERED and DECIDED that there is no deficiency in income tax due from petitioner for taxable year 2020, and that there is an overpayment in income tax due to petitioner for taxable year 2020 in the amount of $4,056.00, for which amount a claim for refund was filed on April 15, 2021, which was within the period provided by I.R.C. § 6511(b)(2), and which claim had not been disallowed before the date of the mailing of the notice of deficiency; and
That there is no penalty due from petitioner for taxable year 2020 under the provisions of I.R.C. § 6676.