Manuel mailed his 2019 federal tax return on April 15, 2020, attaching only a first-class postage stamp. However, the postage should have been higher since the return weighed three ounces. His return is sent back to him on April 22, 2020, at which time he pays the additional postage. Will Manuel be required to pay a delinquency penalty? Explain your answer. If he is not required to pay a penalty, what step would Manuel need to have the IRS remove any penalties if one is assessed?

Answer rating: 100% (QA)

Manuel will likely not be required to pay a delinquency penalty in this scenario ... View the full answer