Opinion
1500-21
06-14-2022
ARLIN GEORGE HATFIELD, III & JENNIFER HATFIELD, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Albert G. Lauber Judge
Pursuant to the Court's Opinion (T.C. Memo. 2022-59) issued in the above-docketed case on June 13, 2022, it is
ORDERED that respondent's Motion for Partial Summary Judgment, filed February 16, 2022, is granted. It is further
ORDERED and DECIDED that there is a deficiency in income tax due from petitioners for the tax 2014 year in the amount of $131,165.00; and
There is an addition to tax in the amount of $27,677.50 due from petitioners for the 2014 tax year, under the provisions of I.R.C. § 6651(a)(1); and
There is no penalty due from petitioners for the 2014 tax year, under the provisions of I.R.C. § 6662(a).