Is there any way to recover a, now rescinded, underpayment penalty, other than filing an amended return?

[Anonymous]

Filed, and paid (including underpayment penalty) in March.  TT update now shows Payment owed without penalty included, but no clues on recovery of an already paid penalty.

[Rachel_W · Accepted solution]

Yes, you can file IRS Form 843 to recover the penalty you already paid.

IRS Form 843, Claim for Refund and Request for Abatement - https://www.irs.gov/pub/irs-pdf/f843.pdf.

IRS Form 843 Instructions - https://www.irs.gov/pub/irs-pdf/i843.pdf.

Note: TurboTax does not support Form 843 at this time.