IRS Notice 2022-36 Waives Late Filing Penalties
IRS Notice 2022-36 waives late filing penalties for 2019 and 2020 returns filed late but on or before Sept. 30, 2022.
Applies to income tax returns:
1040, 1040NR
1041
1065, 1120, 1120S
990 PF
And more
Does not apply to estimated tax, underpayments, preparer penalties
If late filing penalties have already been paid, they will be abated.
For more information, visit: https://www.irs.gov/newsroom/covid-tax-relief-irs-provides-broad-based-penalty-relief-for-certain-2019-and-2020-returns-due-to-the-pandemic-1-point-2-billion-in-penalties-being-refunded-to-1-point-6-million-taxpayers
Posted: September 26, 2022