Bounced check to IRS - two questions

[u***@gmail.com]

This year, I ended up having a very large IRS tax due. I
sent a check for approx. $10,000 with my return, just to
discover that my check bounced due to bank mishap.

I did some research and it looks like IRS assesses a 2%
penalty, which needless to say, I'm eager to avoid.

I have three questions:

1. Does IRS try to re-deposit the check, or should I send a
new check? I'm thinking of sending a new check, but don't
want IRS to re-deposit my original check and to have it
bounce again.

2. Since I can still get the check sent before April 15th,
what are my chances of waiving the penalty?

3. Should I write the letter with the check, or separately?
Any help on what to write?

Any help is appreciated. Thanks a lot!

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[Gary Goodman]

Post by u***@gmail.com
This year, I ended up having a very large IRS tax due. I
sent a check for approx. $10,000 with my return, just to
discover that my check bounced due to bank mishap.
I did some research and it looks like IRS assesses a 2%
penalty, which needless to say, I'm eager to avoid.
1. Does IRS try to re-deposit the check, or should I send a
new check? I'm thinking of sending a new check, but don't
want IRS to re-deposit my original check and to have it
bounce again.
2. Since I can still get the check sent before April 15th,
what are my chances of waiving the penalty?
3. Should I write the letter with the check, or separately?
Any help on what to write?
Any help is appreciated. Thanks a lot!
You should send a new check along with a letter explaining what

happened. You will need a letter from your bank stating that it made the
mistake and the original check should have been honored.

Post by u***@gmail.com
(We did that for a client who bounced a $200,000 check a couple of years

ago. Hopefully, his $1,200,000 check won't bounce this year.)

Gary

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E-mail to the above address is rarely read. If you want to contact me
directly, please send an e-mail to: gary at gdgoodman dot com.

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