Opinion
37096-21S
03-02-2023
CURTIS HAYNES & DENICE HAYNES, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Lewis R. Carluzzo Chief Special Trial Judge
For cause, it is
ORDERED that the proposed stipulated decision filed February 23, 2023, is recharacterized and treated as a stipulation of settlement. To give effect to the basis of settlement reflected in that document, it is further
ORDERED and DECIDED: That for 2018, there is no deficiency in petitioners' federal income tax and petitioners' federal income tax has not been overpaid; and for 2019, there is a $5,749 deficiency in petitioners' federal income tax, and petitioners are liable for a $575 I.R.C. section 6662(a) penalty.