Opinion
5254-21S
04-18-2022
JEFFREY J. JANCA & AMANDA C. ALVEY, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Maurice B. Foley, Chief Judge
On April 14, 2022, the parties filed a Proposed Stipulated Decision. However, that filing improperly includes a copy of an envelope. Consequently, the Court is 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
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 2018 in the amount of $19, 083.00;
That there is an addition to tax due from petitioners for the taxable year 2018 under the provisions of I.R.C. section 6651(a)(1) in the amount of $240.20; and
That there is a penalty due from petitioners for the taxable year 2018 under the provisions of I.R.C. section 6662(a) in the amount of $1, 509.60.