To claim the 80% waiver, you must complete IRS Form 2210 and file page 1 of the form with your 2018 tax return. The form can be filed with a return filed electronically or on paper. You’ll need ...

Reviewed by Ebony Howard Fact checked by Amanda Jackson When it comes to taxes, less isn't always more because if you don't ...

The IRS also often waives penalties for those who recently retired at 62 or older, became disabled, or can show reasonable cause. To request a waiver, individuals can file a simplified Form 2210.