First Time Penalty Abatement applies to following kinds of IRS forms for the failure to file, failure to pay penalties, and failure to deposit (employment tax returns):
- Income tax returns
- Form 1040 series, U.S. Individual Income Tax Return
- Form 1041, U.S. Income Tax Return for Estates and Trusts
- Form 1065, U.S. Return of Partnership Income
- Form 1120, U.S. Corporation Income Tax Return
- Form 1120S, S. Income Tax Return for an S Corporation
- Employment tax returns
- Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return
- Form 941, Employer’s Quarterly Federal Tax Return
- Form 943, Employer’s Annual Tax Return for Agricultural Employees
- Form 944, Employer’s Annual Federal Tax Return
- Form 945, Annual Return of Withheld Federal Income Tax
Prashant Thakur Changed status to publish February 27, 2020