McDonald v. Comm'r of Internal Revenue

Full title: KIMBERLY MCDONALD, Petitioner(s) v. COMMISSIONER OF INTERNAL REVENUE…

Court: United States Tax Court

Date published: Oct 23, 2023

No. 1449-23 (U.S.T.C. Oct. 23, 2023)

Opinion

1449-23

10-23-2023

KIMBERLY MCDONALD, Petitioner(s) v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Kathleen Kerrigan, Chief Judge

ORDER AND DECISION

Kathleen Kerrigan, Chief Judge

For cause, it is

ORDERED that the parties' proposed stipulated decision, filed October 20, 2023, is recharacterized as a 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 s deficiency in income tax due from petitioner for taxable year 2020 in the amount of $25,116.00; and

That there is a penalty under I.R.C. §6662(a) due from petitioner for taxable year 2020 in the amount of $761.00.