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US IRS gives widespread penalty relief for 2019 and 2020 returns filed by 30 September 2022, will refund penalties already paid

|Tax Alerts, National/Federal Taxation, I ...|United States
United States

  • The Internal Revenue Service (IRS) gives taxpayers who have not filed certain 2019 and 2020 tax returns until 30 September 2022, to file without penalties.

  • The IRS will automatically abate, refund or credit eligible penalties that were already paid.

  • Taxpayers who did not timely file tax or information returns for 2019 and 2020 should evaluate whether this relief covers their situation.

  • Relief for…

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