Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I avoid the additional penalties merely by applying for amnesty?

April 26, 2017additional Amnesty avoid merely penalties

0

10 Posted

Can I avoid the additional penalties merely by applying for amnesty?

1 Answer

0

10 Posted

No. You must meet all the provisions of the amnesty program to avoid being assessed additional penalties. This includes filing amended returns and submitting payment for all tax and interest amounts due (or entering into an installment payment agreement) by May 31, 2005.