Opinion
13534-20
03-15-2022
TERRY ROBINSON, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Maurice B. Foley Chief Judge
On November 8, 2021, the parties filed a Proposed Stipulated Decision for the Court's consideration. However, because the small tax case designation has subsequently been removed in this case, the caption on the Proposed Stipulated Decision is no longer correct. Consequently, the Court cannot 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 petitioner for the taxable year 2014 in the amount of $7,566.00;
That there is an addition to tax due from petitioner for the taxable year 2014 under the provisions of I.R.C. section 6651(a)(1) in the amount of $1,702.35;
That there is an addition to tax due from petitioner for the taxable year 2014 under the provisions of I.R.C. section 6651(a)(2) in the amount of $1,891.50; and
That there is an addition to tax due from petitioner for the taxable year 2014 under the provisions of I.R.C. section 6654 in the amount of $135.85.