372 | Can I Get an Extension, Please?
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Is There a Penalty for Overpayment?
You'll get a notice from the i r s that you overpaid? Well, it's actually on the ten forty. Because it's an over payment from the prior year, it counts as if it were essentially january first of 20 22. You'd want to file your return as quickly as you could, and you can make that interest payment with the return. While interest, there's no way of getting out of paying interest,. oftentimes you can write a letter to the i rS asking for what's known as an abatement of the penalty.
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