Opinion
20169-22S
03-23-2023
JERMAINE CHRISTOPHER SPENCE, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Adam B. Landy, Special Trial Judge
On March 20, 2023, the parties filed a Proposed Stipulated Decision. The caption and docket number on the Proposed Stipulated Decision contain errors. The Court is therefore 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 hereby
ORDERED that the parties' Proposed Stipulated Decision is recharacterized and treated 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, the petitioner for taxable year 2020; and
That there is no penalty due from the petitioner for the taxable year 2020 under the provisions of I.R.C. § 6662(a).