jmbillmeyer
Level 2
12-07-2019
06:36 AM
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Level 15
12-07-2019
06:36 AM
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They will keep sending bills, but I don't think they can force collections for that penalty.
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Level 15
12-07-2019
06:36 AM
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of course if there is a refund, they will pull the penalty from the refund.
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itonewbie
Level 15
12-07-2019
06:36 AM
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£isa is right. §5000A(g)(2)(B) specifically limits the IRS' ability to file lien or levy on properties for unpaid penalties on individual mandate. However, the IRM states that interest will continue to accrue on any unpaid balance and there will be offset against refunds until the full balance is settled.
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