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The IRS will let you know what they think you owe. They will tell you why. And, AFAIK, tends to waive fines if the mistake was honest and quickly corrected.
by HWR_14 3y ago
The IRS will let you know what they think you owe. They will tell you why. And, AFAIK, tends to waive fines if the mistake was honest and quickly corrected.
- jaybeavers 3y agoThis was my experience too. While it takes a good long while to get resolved, because my mistakes were accidental and I talked it through and followed the process, I was dealt with politely and given grace. All in all a scary but good experience.
- wkat4242 3y agoWow that's nice. In Holland the government always assumes you did it on purpose even though usually that isn't actually the case.