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IRS Announces Late Penalty Relief for 2019 & 2020 Returns

The IRS has announced in Notice 2022-36 relief for certain tax and information returns for 2019 & 2020. The relief is in response to the current backlog of unprocessed tax returns and correspondence. Failure to file penalties will be abated for the following 2019 & 2020 returns if filed by September 30, 2022.

  • 1040, Individual Tax Return
  • 1041, Estates and Trust Returns
  • 1120, Corporation Return
  • 990-PF, Private Foundation Returns
  • 990-T, Exempt Organization Business Income Returns
  • 1065, Partnership Returns
  • 1120-S, S Corporation Returns

Also Information returns, which include W-2s and 1099s are provided penalty relief if already filed by certain dates.

Penalty relief is not granted for fraudulent failure to file penalties, judicially settled cases, or penalties in an accepted offer in compromise.

Written by
Marc Miller