Hi! In 2019 I opened an online business as a LLC with my husband. I did not make any money that year. I actually had a loss. I was 3 1/2 months late in filing my tax return. I received a letter today from the IRS with a penalty amount due. They indicate on the letter that it is $200 for each person who was a partner at any time during the tax year, for each month or part of a month the return was late, for up to 12 months. Since I did not make any money, can I avoid this penalty and if not, would you agree that the penalty amount should be $1100?
Thank you.
