Opinion
1974-22
04-14-2022
SUE E. SHULTZ, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Maurice B. Foley Chief Judge
On April 13, 2022, the parties filed a Proposed Stipulated Decision. However, the Court notes that the proposed decision document improperly refers to the I.R.C. section 6662(a) accuracy-related penalty determined in the Notice of Deficiency as an "addition to tax." Consequently, the Court is 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
ORDERED that the parties' Proposed Stipulated Decision 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 2019; and
That there is no penalty due from petitioner for the taxable year 2019 under the provisions of I.R.C. section 6662(a).