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(3) for failure to file correct information returns due to intentional disregard of the filing requirement (or the correct information reporting requirement) are: Scenario Penalty Per Return Calendar Year Maximum Return other than a return required to be filed under §§ 6045(a), 6041A(b), 6050H, 6050I, 6050J, 6050K, or 6050L (§ 6721(e)(2)(A)) Greater of (i) $540, or (ii) 10% of aggregate amount of items required to be reported correctly No limit Return required to be filed under §§ 6045(a), 6050K, or 6050L (§ 6721(e)(2)(B)) Greater of (i) $540, or (ii) 5% of aggregate amount of items required to be reported correctly

No limit

Return required to be filed under § 6050I(a) (§ 6721(e)(2)(C)) Greater of (i) $27,350, or (ii) amount of cash received up to $109,000 No limit

Return required to be filed under § 6050V (§ 6721(e)(2)(D)) Greater of (i) $540, or (ii) 10% of the value of the benefit of any contract with respect to which information is required to be included on the return

No limit

.52 Failure to Furnish Correct Payee Statements. In the case of any failure relating to a statement required to be furnished in 2019, the penalty amounts under § 6722 are: (1) for persons with average annual gross receipts for the most recent three taxable years of more than $5,000,000, for failure to file correct information returns are: Scenario Penalty Per Return Calendar Year Maximum