- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
It's happened to me as well, this year and also 2 years ago.
In both cases the entire penalty was refunded so I'm not buying the whole "recalculated penalty" theory.
I assume the IRS chose to, or has leeway to nullify the penalty in it's entirety.
‎April 8, 2024
6:31 AM