Title 26 — Internal Revenue CodeRelease 119-73
§6688 Assessable Penalties with Respect to Information Required to Be Furnished Under Section 7654
Title 26 › Subtitle Subtitle F— Procedure and Administration › Chapter 68— ADDITIONS TO THE TAX, ADDITIONAL AMOUNTS, AND ASSESSABLE PENALTIES › Subchapter B— Assessable Penalties › Part I— GENERAL PROVISIONS › § 6688
Summary
People with tax ties to U.S. possessions who are required to furnish certain information and fail to do so on time owe a $1,000 penalty for each failure, collected like a tax. The penalty does not apply if the failure was due to reasonable cause and not willful neglect, and it is in addition to any criminal penalty.
Full Legal Text
Title 26, §6688
Internal Revenue Code — Source: USLM XML via OLRC
In addition to any criminal penalty provided by law, any person described in section 7654(a) who is required under section 937(c) or by regulations prescribed under section 7654 to furnish information and who fails to comply with such requirement at the time prescribed by such regulations unless it is shown that such failure is due to reasonable cause and not to willful neglect, shall pay (upon notice and demand by the Secretary and in the same manner as tax) a penalty of $1,000 for each such failure.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
2004—Pub. L. 108–357 inserted “under section 937(c) or” before “by
Regulations
” and substituted “$1,000” for “$100”. 1976—Pub. L. 94–455 struck out “or his delegate” after “Secretary”.
Statutory Notes and Related Subsidiaries
Effective Date
of 2004 AmendmentAmendment by Pub. L. 108–357 applicable to taxable years ending after Oct. 22, 2004, see section 908(d)(1) of Pub. L. 108–357, set out as an
Effective Date
note under section 937 of this title.
Effective Date
Section applicable with respect to taxable years beginning after Dec. 31, 1972, see section 2 of Pub. L. 92–606, set out in part as a note under section 931 of this title.
Reference
Citations & Metadata
Citation
26 U.S.C. § 6688
Title 26 — Internal Revenue Code
Last Updated
Apr 6, 2026
Release point: 119-73