

| Natural persons who fail to disclose a reportable transaction to the IRS penalty. Other nonreporting taxpayers are subject to a $50,000 penalty. The penalties are increased to $100,000 and $200,000, respectively, for natural persons and other taxpayers who fail to disclose a reportable transaction that is a listed transaction |
| information about: Reportable transactions Shelters 419e 412i Visit these websites: listedtransactions taxaudit419.com irsdog.com taxlibrary.us irs.gov |
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