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When my father died I became successor trustee. With all of the filings the financial institutions required, I wasn’t able to file the 1041 on time and was hit with a substantial late filing penalty. How can I protest this and what are my chances of success? Are there any ways to try and abate this late filing penalty?

Penalty
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Michael Cash
You may have reasonable cause for filing late because of the death of the trustee and hoops you had to jump through to take over the position.
Leave a Comment 27 weeks ago

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