MN underpayment penalty

[taxesbydot]

Do I really have to paper file a return due to a $2 form M15 penalty?

[IRonMaN · Accepted solution]

No.  Just put a zero in for the prior year tax to make the penalty disappear.

[PATAX]

Iron Man is right since he is the King of Pro Series and the reign of the House of Iron Man began in Minnesota... I should know because I am the Royal Court Counselor... I therefore also suggest to you to make sure you select Iron Man's response as the official answer so he gets credit for it... Thank you in advance

[IRonMaN]

I'm fine with no credit.  But I could have used a little extra credit back in kindergarten when I struggled with learning to tie my shoes.  Anybody have a spare flux capacitor that they could loan me so that I can go back to kindergarten?

[PATAX]

I bet one of the rocket scientists or nuclear Engineers have one... You know the individuals who ask the same question on this forum that has been answered a thousand times before... what I call the Eternal Echo... Just my opinion..

[PATAX]

Iron Man, King of Pro Series, you see I was correct... as your Royal Court Counselor you have to have more faith in me.. I may be a nerd, but I may also  have a little bit of the right dna and genetic memory of one of  my ancestors, Lajos Von Almassy de Felicz, counselor to the Habsburg Monarchy...👍🤓🏰

[IRonMaN]

You have the right DNA and I have the wrong DNA.  So since debits have to equal credits, everything balances out.

[PATAX]

Oh no Iron Man... You have reclaimed what is rightfully yours... If the wealth in the world was all redistributed and & taken away from the wealthiest and given to the poorest, within 5 years the wealth would return to where it was... Just my opinion.. your humble servant, Baron von Nerd👍🤓