Rev. November 2012
This text explains the eligibility requirements and process for requesting a reduction of Section 6702 penalties under IRS Revenue Procedure 2012-43. The penalty applies when a taxpayer fails to file certain information returns or reports required under subtitle A, B, C, D, E, F, G, or H of the Code. To be eligible for a reduction, the taxpayer must meet various conditions such as filing all required tax returns and paying all federal tax liabilities except for section 6702 penalties and interest. The text also outlines two methods to pay the reduced penalty balance: submitting a payment with the request or including it in an installment agreement.
Form 14402 is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.
The easiest way to fill Form 14402 online
Delete filling session
Delete editing session
