Get sample letters to request IRS Penalty Abatement. You may qualify for penalty relief if you tried to comply with tax laws but were unable due to circumstances beyond your control.The IRS can waive penalties if you demonstrate that your failure to comply with tax requirements was due to reasonable cause. If you elect to complete Form IL-2210, this form reflects that waiver. If you elect to complete Form IL-2210, this form reflects that waiver. Type of tax or fee to which the interest, penalty, or addition to tax is related. Check only one box unless an exception applies. To find out if your corporation may qualify for a tax break, obtain and read the. Internal Revenue Services' (IRS) Publication 557 — Tax-Exempt Status for Your. The law requires taxpayers to timely file correct information returns with the IRS and to timely furnish complete payee statements to recipients.