Page 23

- 23 -

(2) for failure to file a return required under § 6034 (relating to returns by certain trust) or § 6043(b) (relating to terminations, etc., of exempt organizations): Scenario Daily Penalty Maximum Penalty Organization or trust (§ 6652(c)(2)(A)) $10 $6,000 Managers (§ 6652(c)(2)(B)) $10 $6,000 Split-Interest Trust (§ 6652(c)(2)(C)(ii)) $20 $12,000 Any trust with gross income exceeding $302,000 (§ 6652(c)(2)(C)(ii))

$120

$60,000

(3) for failure to file a disclosure required under § 6033(a)(2): Scenario Daily Penalty Maximum Penalty Tax–exempt entity (§ 6652(c)(3)(A)) $120 $60,000 Failure to comply with written demand (§ 6652(c)(3)(B)(ii)) $120 $12,000

.54 Other Assessable Penalties With Respect to the Preparation of Tax Returns for 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

.55 Failure to File Partnership Return. In the case of any return required to be filed in 2024, the dollar amount used to determine the amount of the penalty under § 6698(b)(1) is $235.