Opinion
1284-22S
11-08-2022
MICHAEL P. HOMAN & SARA M. HOMAN, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Kathleen Kerrigan Chief Judge
On October 27, 2022, the parties filed a Proposed Stipulated Decision for the Court's consideration. However, upon review thereof, the Court notes that the caption on that document is incorrect, insofar as the docket number lacks an "S". 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. It is further
ORDERED and DECIDED: That there is a deficiency in income tax due from petitioners for the taxable year 2019 in the amount of $15,912.00; and
That there is no penalty due from petitioners for the taxable year 2019 under the provisions of I.R.C section 6662(a).