Serbinski Accounting Firms

I had the exact same penalty a couple of years ago. I had not filed an extension for the 3520-A as well but had extended my 1040. I called the IRS and told them the situation and had also written a letter. They did reverse the penalty after I sent the letter. It caused me many sleepless nights. Here...

Just wanted to update anyone who is interested or will go through this. I had sent a reasonable cause letter with all my support documents and believe it or not a $10,000 check to the IRS before the 30 day mark. I called today as the check was cashed (as I suspected) and talked to someone in the Int...

Thanks for your replies everyone. Cdnamerican-that certainly gives me hope. The IRS is closed so no luck speaking to a live person for now. I am working on coming up with a reasonable cause letter that I will register mail before the 30 days are up on the notice. Will see if I can speak to someone b...

Thanks for the comments. Does anyone have any experience with where they sent in a reasonable cause letter or had a penalty abated?

Sorry for the confusion. I filed the 3520 and the 3520-A in May 2018 together. The 3520 was extended when I filed my 1040 extension. What I meant was - On Form 3520, Part II, Line 22 'did the trust file Form 3520-A for the current year' - I indicated 'Y' as I filed Form 3520-A for the trust. I did n...

Hi all, hoping to get some insight here. I filed forms 3520 and 3520-a this year in May after extending my 1040 in April. I just received a letter from the IRS stating that a $10,000 penalty has been charged due to failure to file form 3520a. I haven't called the IRS yet as they are shut. It seems t...