Opinion
5952-23S
10-13-2023
DAVID B. MARSH & BRENDA J. MARSH, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Kathleen Kerrigan Chief Judge
On October 10, 2023, the parties filed a Proposed Stipulated Decision in this
For cause, it is
ORDERED that the parties' Proposed Stipulated Decision is recharacterized as the parties' Stipulation of Settlement. In order to give effect to the basis of settlement reflected in that document, it is further
ORDERED AND DECIDED that there is no deficiency in income tax due from petitioners for the taxable year 2020; and
That there is no penalty due from petitioners for the taxable year 2020 under the provisions of I.R.C. section 6662(a).