abctax55
Level 15
02-20-2022
11:15 AM
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Just a few discussions on this:
AND... the first installment had to paid by 12/31/21 either using the voucher that came with the letter notifying the client of the obligation, or at irs.gov, or via EFTPS.
If that first installment wasn't paid by 12/31/21 - the entire deferral became due, with penalties & interest all the way back to 5.15.21 (I think that was the original due date for 2020 returns, right 🙂
The deferral is NOT paid via any addition to the 2021 tax return.
"*******Tax software is no substitute for a professional tax preparer*******
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