Internal Revenue Code · 26 U.S.C.
§ 6688. Assessable penalties with respect to information required to be furnished under section 7654
Official text, no changes From the Office of the Law Revision Counsel, release point 119-121 (current through Public Law 119-121 (October 9, 2026)). Compare it with the official text at uscode.house.gov (external site).
Cite as 26 U.S.C. § 6688
At a glance
Read from the text, the source credit and the official notes. Not part of the law.
- Status
- In force
- Added
- October 31, 1972 by Pub. L. 92–606
- Last amended
- October 22, 2004 by Pub. L. 108–357
- Amendments
- 3 dated changes in the source credit
- Length
- 144 words · about 1 min to read
- Cross-references
- cites 2; cited by 0 Code sections and 1 other regulation
- Regulations
- 1 issued under this section
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.
(Added Pub. L. 92–606, § 1(c), Oct. 31, 1972, 86 Stat. 1496, § 6687; renumbered § 6688, Pub. L. 93–406, title II, § 1016(b)(4), Sept. 2, 1974, 88 Stat. 932; amended Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834; Pub. L. 108–357, title VIII, § 908(b), Oct. 22, 2004, 118 Stat. 1656.)
Regulations under this section
Treasury regulations (26 CFR) issued under § 6688
Cross-references
Computed from the citations in the text of Title 26 and 26 CFR.
This section cites 2 other sections
- § 7654(a) Coordination of United States and certain possession individual income taxes
- § 937(c) Residence and source rules involving possessions
Cited in 1 regulation not issued under it
Amendment history
From the source credit and the official notes, newest first.
- Amended by Pub. L. 108–357
- Amended by Pub. L. 94–455
- Amended by Pub. L. 93–406
- Added by Pub. L. 92–606
Where it sits in the Code
- Subtitle F Procedure and Administration
- Chapter 68 ADDITIONS TO THE TAX, ADDITIONAL AMOUNTS, AND ASSESSABLE PENALTIES
- Subchapter B Assessable Penalties
- Part I GENERAL PROVISIONS
Nearby sections
- § 6684 Assessable penalties with respect to liability for tax under chapter 42
- § 6685 Assessable penalty with respect to public inspection requirements for certain tax-exempt organizations
- § 6686 Failure to file returns or supply information by DISC or former FSC
- § 6687 Repealed
- § 6688 Assessable penalties with respect to information required to be furnished under section 7654
- § 6689 Failure to file notice of redetermination of foreign tax
- § 6690 Fraudulent statement or failure to furnish statement to plan participant
- § 6691 Reserved
- § 6692 Failure to file actuarial report
Official notes
Show the Law Revision Counsel's notes (amendments, effective dates)
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 Amendment
Amendment 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.