NC-5502 Special Penalty and Interest Waiver
General Information
Only use this form when specifically instructed to do so by the Department. The Department cannot waiver unless specifically authorized by state law. For additional information about the waiver of interest, visit the penalties and interest webpage.
Purpose of the Form
Use Form NC-5502 to request relief of interest or interest and penalty if instructed by the Department to do so. Do not use Form NC-5502 to request penalty relief only. Instead, use Form NC-5500, Request to Waive Penalties, or Form NC-5501, Request for Waiver of an Informational Return Penalty.
Form NC-5502 is available electronically or through a paper form. For faster processing, NCDOR recommends submitting the form electronically.