Reply To: 2nd Stimulus Check and Late Tax Filing

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#7963
kaneohe
Participant

found the source for MarkNYC answer above:

https://www.irs.gov/faqs/irs-procedures/collection-procedural-questions/collection-procedural-questions-3

“If your return was over 60 days late, the minimum failure-to-file penalty is the smaller of $435 (for tax returns required to be filed in 2020) or 100% of the tax required to be shown on the return.”