Penalty relief for Forms 5471, 5472, and 8865 - The Tax Adviser
https://www.thetaxadviser.com/issues/2021/jul/penalty-relief-forms-5471-5472-8865.html
WebJul 1, 2021 · Failure to timely file a Form 5471 or Form 8865 is generally subject to a $10,000 penalty per information return, plus an additional $10,000 for each month the failure continues, beginning 90 days after the IRS notifies the taxpayer of the failure, up to a maximum of $60,000 per return.
DA: 20 PA: 11 MOZ Rank: 56