Smith v. Comm'r of Internal Revenue

Full title: SUSAN P. SMITH, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Court: United States Tax Court

Date published: Jul 8, 2024

No. 5239-24 (U.S.T.C. Jul. 8, 2024)

Opinion

5239-24

07-08-2024

SUSAN P. SMITH, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Kathleen Kerrigan Chief Judge

ORDER AND DECISION

Kathleen Kerrigan Chief Judge

On July 5, 2024, the parties filed a Proposed Stipulated Decision. Because of a formatting error on the proposed decision document, the Court is unable to enter it. Nevertheless, the agreement of the parties, as reflected in that document, is clear to the Court.

In view of the foregoing, to give effect to the agreement of the parties in this case, and for cause, it is

ORDERED that the parties' above-referenced Proposed Stipulated Decision is recharacterized as the parties' Settlement Stipulation. Taking into account the basis for settlement reached between the parties, as reflected in that document, 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 2021; and

That there is no penalty due from petitioner for the taxable year 2021 under the provisions of I.R.C. section 6662(a).