In 2023, what is the penalty per information return for intentional disregard of filing requirements, with no maximum penalty?

The penalty for intentional disregard of filing requirements, with no maximum limit, is set at $630 per information return in 2023. This significant amount is established to deter malicious noncompliance with tax filing regulations. The law is structured to underscore the seriousness of such deliberate infractions, as they can lead to considerable disruption in the revenue collection process and can undermine the integrity of tax reporting.

Choosing a lower penalty, such as $110, would not accurately reflect the severity of intentional disregard, which is treated far more gravely under tax law. This is why the correct response highlights the substantial penalty imposed for deliberate noncompliance. Ensuring compliance and accountability in reporting is crucial for the proper functioning of tax systems, which is why the penalty climbs to $630.