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https://www.forbes.com/sites/kellyphillipserb/2019/10/12/theres-a-new-question-on-your-1040-as-irs-gets-serious-about-cryptocurrency/#6f6c733e5c92

Is it possible that he originally owed much more, and part of the tax, penalty and interest have already been paid? This is what remains. I agree with Max that you need to look at the Account Transcript to see what actually happened. I just never could resist a bad pun.

All joking aside, the numbers look to be way out of whack. Six dollars at 6% would double in 12 years. The late payment penalty of 0.5 %/m maxes out at 25%. There one of two possibilities; the amounts were miscalculated; or, they are related to something else, such as estimated tax penalty. Before doing anything else, I suggest that a copy of the Account Transcript be obtained for that year. The transcript will show what the penalty is for and when it was applied.

He shale overcome, but make sure he doesn't take you for granite.