COVID-era IRS penalty refund claims
Key Questions
Who is eligible for COVID-era IRS penalty refunds?
Millions of taxpayers with failure-to-file or failure-to-pay penalties from 2020-2023 may qualify for abatements. Eligibility stems from the Kwong ruling and related laws.
What is the deadline to claim these penalty refunds?
Claims must be filed by July 10, 2026, using Form 843 for 2020-2023 periods. About 51 days remain from the current point to submit protective claims.
How do I file a claim for COVID penalty abatement?
Submit Form 843 to request refund of penalties and interest under the Kwong ruling and Public Law 119-64. Consult a tax professional for your specific situation.
What is the Kwong ruling and its effect on taxpayers?
The Kwong case may allow billions in refunds for COVID-era penalties, prompting the IRS appeal. It opens avenues for abatement claims by affected filers.
Should I file a protective claim for penalties?
Yes, filing a protective claim by the July 2026 deadline is recommended to preserve rights. This safeguards against missing the window if rulings change.
How long do I have to act on these penalty refunds?
With 51 days remaining, prompt action is advised to meet the July 10, 2026 cutoff. Late claims risk losing eligibility for abatements.
What penalties are covered under these COVID-era claims?
Failure-to-file and failure-to-pay penalties from 2020 through 2023 are the focus. Interest may also be refundable in qualifying cases.
Where can I get help with IRS penalty refund claims?
Review IRS resources or consult the Taxpayer Advocate Service for guidance on Form 843. Tax professionals can assist with evaluating individual facts.
Millions eligible for 2020-2023 FTF/FTP abatements via Form 843 by July 10 2026 under Kwong ruling and Public Law 119-64. Protective claims recommended; 51 days remain.