I was charged a penalty from the IRS for failure to file my partnership return on time. But Turbotax says my 2024 return was accepted. What did I do wrong?
033500
3 Replies
xmasbaby0
Level 15
May 17, 2025 8:28:51 AM
"Accepted" does not mean it was filed on time. Accepted means you entered enough information for the IRS to take it into the system for processing.
Partnership returns (and S Corps) were due on 3/17/25. This differs from individuals or sole proprietor taxpayers. Look under the File menu, Electronic Filing, Show Electronic Filing History to check the file date.
Mike9241
Level 15
May 19, 2025 9:15:49 AM
if you filed after 3/15/2025 with no extension, you may want to request the IRS to abate the penalties if this is the first time you've filed a 1065 or all others were timely filed. The decision is in the hands of the IRS.