Opinion
27718-22
09-11-2024
JOSEPH L. STASKA, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER
Mark V. Holmes, Judge.
This case was on the May 20, 2024 St. Paul, Minnesota trial calendar. The principal issue is whether petitioner correctly reported income from virtual currency trading on his individual income tax return or taxable year 2020. We continued the case to allow him time to gather substantiation of his trading activities.
The parties recently reported that respondent requested additional information to clarify outstanding issues. The parties are communicating, so this case can stay on the status report track for now. It is therefore
ORDERED that on or before November 8, 2024 the parties submit decision documents, or file a status report describing their progress in settling this case or narrowing the issues to be tried.