Pursuant to the agreement of the parties in this case, it is
ORDERED and DECIDED: That there are deficiencies in income tax due from the petitioners for the taxable years 1983 and 1984 in the amounts of $ 5,810.00 and $ 12,312.00, respectively;
That there is an addition to the tax due from the petitioners for the taxable year 1983, under the provisions of
That there is an addition to the tax due from the petitioners for the taxable year 1984, under the provisions of
That there are additions to the tax due from the petitioners fro the taxable years 1983 and 1984, under the provisions of
That there are no additions to the tax due from the petitioners for the taxable years 1983 and 1984, under the provisions of
That there are no additions to the tax due from the petitioner for the taxable years 1983 and 1984, under the provisions of
It is stipulated that the Court may enter the foregoing decision.
It is further stipulated that there is a prepayment credit for the taxable year 1983 in the amount of $ 1,077.00 and that the deficiency for the taxable year 1983 is computed without considering the prepayment credit of $ 1,077.00
It is further stipulated that the petitioners' total tax liability of $ 20,244.00 for the taxable year 1984, $ 7,932.00 has been assessed and $ 620.00 of that amount remains unpaid.
It is further stipulated that, effective upon the entry of this decision by the Court, petitioners waive the restriction contained in
ABRAHAM N. M. SHASHY, JR.
Chief Counsel
Internal Revenue