| OCR Text |
Show If you think you've paid an unfair tax penalty, the IRS office can help Taxpayers, can appeal tax delinquency penalties they feel are unwarranted and can be asked to file a quarterly estimated tax payment. The Internal Revenue Service (IRS) offers these details: Appealing tax penalties Taxpayers who are charged a penalty because of a tax delinquency and feel the penalty is unwarranted, in some cases can appeal the penalty, the Internal Revenue Service (IRS) says. In these situations, the IRS will consider abating or reducing the penalty. The facts and circumstances of each case are considered independently. Tax notices contain information on how to request abatement of a penalty charge. Generally, the first step is to correspond with the IRS service center. If the service center denies the request, the taxpayer will receive a letter explaining the reason. The letter will also include information on further appeal procedures, identifying an IRS Appeals Office official for the taxpayer to contact. For additional information on the appeals procedure, obtain the free IRS Publication 586A, "The Collection Process, (Income Tax Accounts)," by calling the IRS Tax Information number listed in the telephone directory under U.S. Government. Estimated tax payment Some wage earners and other individuals who have income other than wages may be required to file estimated tax payments, the Internal Revenue Service says. The next date for quarterly estimated tax payments is June 15. Generally, taxpayers should make estimated tax payments if, after taking into account federal income tax withholding and tax credits, they expect to owe $500 or more in income tax for 1985, and expect that the total amount of federal income tax to be withheld from 1985 income will be less than the smaller of: 1) 80 percent of the tax to be shown on the 1985 income tax return or, 2) 100 percent of the tax shown on the 1984 tax return if the 1984 income tax return covered all 12 months of the year. A payment-voucher from the Form 1040p-ES package should accompany each payment and both should be mailed to the Internal Revenue Service Center. Further information is available in the free IRS Publication 505,'"Tax Withholding 'arid1 Wiftia'teTa." Taxpayers can get a copy by calling or writing to IRS. |
