Opinion
1158-22S
07-27-2023
RAYMOND LAMAR GIBSON, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Adam B. Landy Special Trial Judge
On July 25, 2023, the parties filed a Proposed Stipulated Decision and Settlement Stipulation. The caption on the Proposed Stipulated Decision contains a typographical error. The Court is therefore unable to process the parties' Proposed Stipulated Decision.
In view of the foregoing, and to give effect to the agreement of the parties in this case, it is hereby
ORDERED that the parties' Proposed Stipulated Decision (Doc. 30) is recharacterized and treated as the parties' Supplement to Settlement Stipulation. It is further
ORDERED AND DECIDED: That there is no deficiency in income tax due from petitioner for the taxable year 2020, and that there is an overpayment in income tax due to petitioner for the taxable year 2020 in the amount of $4,689.00, and 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, under the provisions of I.R.C. § 6662(a), due from petitioner for the taxable year 2020.