16 of 100. What is the amount of the preparer penalty for understatement of tax liability (willful or reckless)? $250 per violation; up to a maximum of $27,000 per tax preparer. $500 per violation with no limit per tax preparer. $1,000 or 50% of the income the tax preparer receives with respect to the return, whichever is greater. $5,000 or 75% of the income the tax preparer receives with respect to the return, whichever is greater. on 18 of 100 What is the maximum amount of depreciation that can be claimed on any van placed into service in 2020 used 75% for business