Opinion
15844-21S
06-03-2022
ANTOINE CHRISTOPHER ST. LAWRENCE & JENNIFER ST. LAWRENCE, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Kathleen Kerrigan Chief Judge
On June 2, 2022, the parties filed a Proposed Stipulated Decision for the Court's consideration. 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 a deficiency in income tax due from petitioners for the taxable year 2018 in the amount of $12.00;
That there is an addition to tax under the provisions of I.R.C. § 6651(a)(1) due from petitioners for the taxable year 2018 in the amount of $68.73; and
That there is no penalty under the provisions of I.R.C. § 6662(a) due from petitioners for the taxable year 2018.