IRS First Time Abate (FTA): Who Qualifies, How to Ask, and the New Automatic Exemption from Penalty
With a clean 3-year record, IRS failure-to-file, failure-to-pay and failure-to-deposit penalties can usually be removed under First Time Abate by phone, letter or Form 843, and penalty interest goes too. For eligible returns due from January 1, 2027, the IRS applies the new Automatic Exemption from Penalty.
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