Originally Posted by
rpenmanparker
Actually they are pretty decent folks. I got a notice telling me a I had filed my partnership return late and assessing me $390 penalty...$195 for each myself and my wife...er, partner. I knew I had submitted it on 4/4, eleven days early. What I didn't know was that the due date had been set back to 3/15 for the first time this year. The only way to know was to have an accountant or read the info on the tax form or software. When a I told the guy I had not even bought the software until after 3/15, he zeroed out the penalty for me. I thought that was pretty nice on sue it only made sense, but he didn't have to do it.
You can easily use 1st time abatement to waive penalties if the entity being penalized is current in taxes (partnership would always* be current since it's a pass-through entity) and you haven't used the 1st time abatement in 3 years. That's almost certainly how they waived it, although typically you have to specifically ask for it.
*usually