Opinion
5618-21
03-22-2023
KIMBERLY STOLTZ, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Emin Toro, Judge.
Pursuant to the determination of the Court as set forth in its Bench Opinion, rendered January 31, 2023, it is hereby
ORDERED that respondent's oral Motion to Impose Sanctions under I.R.C. § 6673(a)(1), dated January 30, 2023, is granted. It is further
ORDERED AND DECIDED that there is a deficiency in income tax due from petitioner and that petitioner is hable for additions to tax under I.R.C. §§ 6651(a)(1), 6651(a)(2), and 6654 as follows:
Year
Deficiency
6651(a)(1)
Additions to Tax I.R.C. § 6651(ay2)
6654
$7,230.00
$1,577.47
$1,752.75
$167.26
Respondent has conceded that the notice of deficiency overstated the deficiency and additions to tax owed by petitioner for the taxable year 2017. The correct tax deficiency was set forth in respondent's substitute for return. The tax deficiency is based upon unreported taxable income of $45,965.00 (wages of $56,365.00 less the standard deduction of $6,350.00 less one personal exemption of $4,050.00) for the taxable year 2017. The additions to tax are calculated on the reduced deficiency of $7,230.00.
That there are damages due from petitioner, which are hereby awarded to the United States, in the amount of $500 pursuant to I.R.C. § 6673(a)(1).