IR-2019-24 and N-2019-17: Penalty waived for farmers and fishermen

Attached for immediate release is IRS News Release 2019-24, IRS waives estimated tax penalty for farmers, fishermen who file returns and pay tax by April 15.

Also attached is Notice 2019-17 announces a waiver of the addition to tax under section 6654 for underpayment of estimated income tax by qualifying farmers and fishermen for the 2018 tax year.  This addition to tax is waived for any qualifying farmer or fisherman who, by the normal deadline for filing the 2018 federal income tax return (April 15, 2019 for most taxpayers), files his or her 2018 federal income tax return, attaches a specified waiver form to the return, and pays in full any tax reported on the return as payable.

Notice 2019-17 will be in IRB: 2019-12 , dated 03/18/2019.