Penalties

What are the Form 5472 penalties?

Last reviewed: April 2026 · IRS sources verified at review date.

$25,000

Initial penalty per missed Form 5472 per tax year (IRC §6038A(d))

+$25,000

Per 30-day period after IRS notice (after a 90-day grace period), no statutory cap

Per related party

Penalties can apply per related party for unreported transactions, see IRS instructions

The figures above reflect the increased penalty amounts applicable to tax years beginning after December 31, 2017. Reasonable cause relief may be available in some cases, only a licensed tax professional can advise on your facts.

IRC §6038A(d), monetary penalty for failure to furnish information or maintain records under section 6038A. IRS Source ↗

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