§ 416.724. Amounts of penalty deductions.
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/us/cfr/t20/s§ 416.724·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.