• Failure to File penalty for return required to be filed in 2022 is $ 210 per partner or shareholder per month ( not to exceed 12 months )
• Failure to Supply to IRS penalty
Corrected before 8 / 1 / 22 is $ 110 per partner or shareholder Corrected after 8 / 1 / 22 is $ 280 per partner or shareholder Intentional disregard is greater of $ 570 or 10 % of aggregate amount required to be reported
• Failure to Supply to Partner or Shareholder penalty Corrected before 8 / 1 / 22 is $ 110 per partner or shareholder Corrected after 8 / 1 / 22 is $ 280 per partner or shareholder Intentional disregard is greater of $ 570 or 10 % of aggregate amount required to be reported