Question: Find the Code section that explains the amount of the penalty for failure to include reportable transaction information with the return. How much is that

Find the Code section that explains the amount of the penalty for failure to include reportable transaction information with the return. How much is that penalty?

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Section 6707b1 provides a 50000 penalty for failure to furnish info... View full answer

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Find the code section that explains the amount of the penalty for failure to include reportable transaction information with the return. How much is that penalty?

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