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A taxpayer qualifies for a first-time penalty abatement if: They have not incurred penalties other than estimated tax payment penalties for the past three years.
A taxpayer qualifies for a first-time penalty abatement if:
They have not incurred penalties other than estimated tax payment penalties for the past three years.
They have never used an installment agreement to pay a balance due after the filing deadline.
Most of their required returns have been filed for the last five years.
Some tax payments, including estimated tax payments, have not been made.
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