Home Procurement NewsIRS to waive $1 billion in penalties. Here’s who qualifies and how much taxpayers may get

IRS to waive $1 billion in penalties. Here’s who qualifies and how much taxpayers may get

December 20, 2023•

The IRS is waiving roughly $1 billion in late-payment penalties for millions of taxpayers with balances under $100,000 from returns filed in 2020 and 2021.

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Last modified: December 20, 2023

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