In addition to the penalty imposed by section
7203 (relating to willful failure to file return, supply information, or pay tax), if any partnership required to file a return under section
6031 for any taxable year—
(1)fails to file such return at the time prescribed therefor (determined with regard to any extension of time for filing), or
(2)files a return which fails to show the information required under section
such partnership shall be liable for a penalty determined under subsection (b) for each month (or fraction thereof) during which such failure continues (but not to exceed 12 months), unless it is shown that such failure is due to reasonable cause.
(b) Amount per month
For purposes of subsection (a), the amount determined under this subsection for any month is the product of—
(1)$195, multiplied by
(2)the number of persons who were partners in the partnership during any part of the taxable year 
(c) Assessment of penalty
The penalty imposed by subsection (a) shall be assessed against the partnership.
(d) Deficiency procedures not to apply
Subchapter B of chapter 63 (relating to deficiency procedures for income, estate, gift, and certain excise taxes) shall not apply in respect of the assessment or collection of any penalty imposed by subsection (a).
 So in original. Probably should be followed by a period.
Pub. L. 111–92, § 16(b),Nov. 6, 2009, 123 Stat. 2996, provided that: “The amendments made by this section [amending this section and section
6699 of this title] shall apply to returns for taxable years beginning after December 31, 2009.”
Effective Date of 2008 Amendment
Pub. L. 110–458, title I, § 127(b),Dec. 23, 2008, 122 Stat. 5116, provided that: “The amendment made by subsection (a) [amending this section] shall apply to returns required to be filed after December 31, 2008.”
Effective Date of 2007 Amendment
Pub. L. 110–142, § 8(d),Dec. 20, 2007, 121 Stat. 1807, provided that: “The amendments made by subsections (a) and (b) [amending this section] shall apply to returns required to be filed after the date of the enactment of this Act [Dec. 20, 2007].”
Section 211(c) ofPub. L. 95–600provided that: “The amendments made by this section [enacting this section] shall apply with respect to returns for taxable years beginning after December 31, 1978.”
Modification of Penalty for Failure To File Partnership Returns
Pub. L. 110–141, § 2,Dec. 19, 2007, 121 Stat. 1802, provided that: “For any return of a partnership required to be filed under section 6031 of the Internal Revenue Code of 1986 for a taxable year beginning in 2008, the dollar amount in effect under section 6698(b)(1) of such Code shall be increased by $1.”
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
Description of Change
Statutes at Large
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