Would like the opinion of the community on the new exception of the 10% penalty, because of COVID 19. A client of mine asked if she would qualify for the exception, because she started a new business this year, and feels she did not make as much profit because of the virus. I was thinking that she might be a qualifying person based on this from the new guidance in   Notice 2005-92

• You experience adverse financial consequences as a result of closing or reducing hours of a business that you own or operate due to SARS-CoV-2 or COVID-19.

My concern is being a new part time business (she has a full time well paying job with no lose of income this year) How can we show that the virus cost her income? Would appreciate any input that anyone would like to share.

Thanks