§ 6686.
In addition to the penalty imposed by section 7203 (relating to willful failure to file return, supply information, or pay tax) any person required to supply information or to file a return under section 6011(c) who fails to supply such information or file such return at the time prescribed by the Secretary, or who files a return which does not show the information required, shall pay a penalty of $100 for each failure to supply information (but the total amount imposed on the delinquent person for all such failures during any calendar year shall not exceed $25,000) or a penalty of $1,000 for each failure to file a return, unless it is shown that such failure is due to reasonable cause.
(Added [Pub. L. 92–178, title V, § 504(d)], Dec. 10, 1971, [85 Stat. 551]; amended [Pub. L. 94–455, title XIX, § 1906(b)(13)(A)], Oct. 4, 1976, [90 Stat. 1834]; [Pub. L. 98–369, div. A, title VIII, § 801(d)(15)(A)], July 18, 1984, [98 Stat. 997]; [Pub. L. 110–172, § 11(g)(21)], Dec. 29, 2007, [121 Stat. 2491].)