20 CFR § 416.724 - Amounts of penalty deductions.
---
identifier: "/us/cfr/t20/s416.724"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "20 CFR § 416.724 - Amounts of penalty deductions."
title_number: 20
title_name: "Employees' Benefits"
section_number: "416.724"
section_name: "Amounts of penalty deductions."
chapter_name: "SOCIAL SECURITY ADMINISTRATION"
part_number: "416"
part_name: "SUPPLEMENTAL SECURITY INCOME FOR THE AGED, BLIND, AND DISABLED"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
cfr_part: "416"
---
# 416.724 Amounts of penalty deductions.
(a) *Amounts deducted.* If we find that we must impose a penalty deduction, you will lose from your SSI benefits a total amount of—
(1) $25 for a report overdue in the first penalty period;
(2) $50 for a report overdue in the second penalty period; and
(3) $100 for a report overdue in the third (or any following) penalty period.
(b) *Limit on number of penalties.* Even though more than one required report is overdue from you at the end of a penalty period, we will limit the number of penalty deductions imposed to one penalty deduction for any one penalty period.