Penalty Waiver | North Bay Enrolled Agents

IRS waives penalty for many whose tax withholding and estimated tax payments fell short in 2018

by Madelyne Cromwell | Jan 16, 2019 | Penalty Waiver, Withholding Changes

IR-2019-03, January 16, 2019 WASHINGTON — The Internal Revenue Service announced today that it is waiving the estimated tax penalty for many taxpayers whose 2018 federal income tax withholding and estimated tax payments fell short of their total tax liability for the...