At Request of Rep. Chu, Treasury Waives Underpayment Penalty for More Americans
March 22, 2019
March 22, 2019
WASHINGTON, March 22 -- Rep. Judy Chu, D-California, issued the following news release:
The Treasury Department today announced that it would waive the under-withholding penalty for taxpayers who paid at least 80% of their taxes, down from the current 85%. The announcement follows a commitment Treasury Secretary Steve Mnuchin made to Rep. Judy Chu (CA-27) in a Ways and Means Committee hearing last week to respond to her request for this relief. That request was also made in a Februa . . .
The Treasury Department today announced that it would waive the under-withholding penalty for taxpayers who paid at least 80% of their taxes, down from the current 85%. The announcement follows a commitment Treasury Secretary Steve Mnuchin made to Rep. Judy Chu (CA-27) in a Ways and Means Committee hearing last week to respond to her request for this relief. That request was also made in a Februa . . .