Opinion
5670-23
05-15-2024
DAVID A. KAROHL, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Emin Toro, Judge
On May 10, 2024, the parties filed a Proposed Stipulated Decision (Doc. 12). However, upon review of the Proposed Stipulated Decision, the Court notes that the Proposed Stipulated Decision contains an incorrect statutory reference. 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. 12) filed May 10, 2024, is recharacterized as the parties' Settlement Stipulation. It is further
ORDERED AND DECIDED that there is no deficiency in income tax due from, nor overpayment due to, petitioner for the taxable year 2020; and
That there is no penalty due from petitioner for the taxable year 2020 under the provisions of I.R.C. § 6662(a).