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The IRS zeroed out the federal withholding from my annuity without telling me and now wants me to pay $197 underpayment penalty. Is this proper?
I am a federal retiree. OPM confirmed IRS action and said 50% of retirees did not notice the IRS change - so why should I have to pay a penalty?
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‎February 17, 2021
1:07 PM