Caution:
Internal Revenue Manual Part 3. Submission Processing · 2026-10-03 edition · updated 2026-10-04 · United States
FTF penalty is waived for certain tax year 2019 and 2020 returns listed in Notice 2022-36, filed on or before September 30, 2022. Applicable forms include: 1120 (MFT 02), 1041 (MFT 05), 1066 (MFT 07), 990-T (MFT 34), and 990-PF (MFT 44).
Use REQ54, TC 161 with Penalty Reason Code 045 to abate any excessive minimum penalty.
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