430
What industry secret are you aware of that most people aren't?
(programming.dev)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 24 Jun 2024
430 points (98.0% liked)
Asklemmy
42431 readers
1237 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
The IRS has what is called a first time abatement of penalties. So if this is the first time in a 3 year span you owe you can have the penalties (not interest) waived.
With no other realized penalty for the individual? Nothing indirect?
It's the failure to file and failure to pay penalties. The tools we have do a 3 year lookback from the tax year in question for these two penalties and if they don't exist in those three years we can abate any and all of those penalties that would accrue for that tax year.
Wish I'd known this. One year we forgot one of our W2s.
I mean as long as it's been less than two years you can get back any payment of penalties to the IRS.
I believe it was my 2021 taxes (meaning I filed in 2022). Think I still have a shot? I don't remember how much it was but it was definitely more than zero.
The worst they could happen is nothing