Penalty Amounts
Other Persons. In the case of any failure relating to a return or claim for refund filed in 2024, the penalty amounts under § 6695 are:
| Scenario | Per Return or Claim for Refund | Maximum Penalty |
| Failure to furnish copy to taxpayer (§ 6695(a)) | $60 | $30,000 |
| Failure to sign return (§ 6695(b)) | $60 | $30,000 |
| Failure to furnish identifying number (§ 6695(c)) | $60 | $30,000 |
| Failure to retain copy or list (§ 6695(d)) | $60 | $30,000 |
| Failure to file correct information returns (§ 6695(e)) | $60 per return and item in return | $30,000 |
| Negotiation of check (§ 6695(f)) | $600 per check | No limit |
| Failure to be diligent in determining eligibility for head of household filing status, child tax credit, American Opportunity tax credit, and earned income credit (§ 6695(g)) | $600 per failure | No limit |