1st Time Penalty Waived - IRS Income Tax Tips - Loma Risper
11 Mar 2023 · 0 min

0:13
In this brief video, the speaker explains that taxpayers who are filing a return for the first time and owe $1,000 or more may be eligible to have the associated penalty waived. The speaker notes that the tax software will guide users through the process to request the waiver and encourages viewers to click a provided link to take a quick tax quiz for further assistance.










