((a)) ** General rule** If a taxpayer fails to meet the requirements of section 6114, there is hereby imposed a penalty equal to $1,000 ($10,000 in the case of a C corporation) on each such failure.

((b)) ** Authority to waive** The Secretary may waive all or any part of the penalty provided by this section on a showing by the taxpayer that there was reasonable cause for the failure and that the taxpayer acted in good faith.

((c)) ** Penalty in addition to other penalties** The penalty imposed by this section shall be in addition to any other penalty imposed by law.