The IRS will waive this 2018 tax penalty for more than 400,000 filers

The IRS will waive this 2018 tax penalty for more than 400,000 filers

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If you faced a surprise penalty for coming up short on your 2018 taxes, the IRS might be giving you some relief.
On Wednesday, the IRS said it would automatically waive the tax underpayment penalty for more than 400,000 taxpayers who have already submitted their 2018 federal income tax return and failed to claim a special penalty waiver this spring.
The waiver is only of the penalty;…

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