It's $95, $325 the second, and $695 the third, and for every year after. For what it's worth, the penalties, as currently planned out, are only 'paid' by captu

It's $95, $325 the second, and $695 the third, and for every year after. For what it's worth, the penalties, as currently planned out, are only 'paid' by capturing tax returns. One could effectively, and legally avoid paying those penalties by changing their tax documents such that no returns are expected, or so that they would owe each year. The IRS currently cannot demand payment on those penalties, but if you were due $1000 refund, they can withhold the $95 from it. If, however, you owe $10 in taxes, they cannot make you pay $105, as you might otherwise suspect.