That's it??? Only 300 people in the US fail to file?
That doesn't sound right. I would have thought it would be many thousands ...
I once went 3 years without filing (after my Mom passed away and I was handling her estate, I just couldn't manage to do 2 tax returns per year.) When I called the IRS, they were very understanding about it, I filed for those 3 years at one time, and that was that ... the penalty was not very severe at all ... maybe a couple of percent on the amount owed.
I know that the 300 number has to be wrong. 30,000 or 300,000? Maybe, but not 300.
Keep reading. That's the number that the IRS prosecutes. For all we know, 20% of the adult population doesn't file. If 100% were to not file, I don't think the government could go after them all.