Opinion
5065-22
03-03-2023
BOBBIE PRICE, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Elizabeth Crewson Paris Judge.
On March 1, 2023, docket entry 10, respondent filed a Motion for Entry of Decision which requests the Court enter a decision in this case pursuant to the agreement of the parties and in accordance with the attached proposed decision document (Exhibit A), which reflects a deficiency in tax due from petitioner for the taxable year 2018 in the amount of $8,795.00, no penalty due from petitioner for the taxable year 2018 under I.R.C. § 6662(a), and an overpayment due to petitioner for the taxable year 2018 in the amount of $78.00.
After due consideration, and for cause, it is
ORDERED that respondent's Motion for Entry of Decision, filed March 1, 2023, docket entry 10, is granted. It is further
ORDERED AND DECIDED: That there is a deficiency in income tax due from petitioner for the taxable year 2018 in the amount of $8,795.00;
That there is an overpayment in income tax for taxable year 2018 in the amount of $78.00, which amount was paid on November 9, 2021, and a claim for refund could have been filed, under provisions of I.R.C. § 6511(b)(2), on November 22, 2021, the date of the mailing of the Statutory Notice of Deficiency; and
That there is no penalty due from petitioner for the taxable year 2018, under the provisions of I.R.C. § 6662(a).