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estimated tax penalty waiver Covid-19

ken4
Level 3

Is there a waiver for 2019 estimated tax penalties due to Covid-19

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1 Solution

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itonewbie
Level 15

No

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Still an AllStar

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5 Comments 5
itonewbie
Level 15

No

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Still an AllStar
abctax55
Level 15

No.

Those *should* have been made long ago, before COVID-19 reared its ugly head.

"*******Tax software is no substitute for a professional tax preparer*******
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BobKamman
Level 15

Yes.  The penalty will be abated for anyone who can show they were infected before 12/31/19.

 

IRonMaN
Level 15

We might have finally located patient zero.


Slava Ukraini!
rbynaker
Level 13

@IRonMaN wrote:

We might have finally located patient zero.


Or, in Lacerte, patient negative one.