The specific penalty for the late filing of Form 1098-C (Contributions of Motor Vehicles, Boats, and Airplanes) can vary depending on the circumstances and the amount of delay. However, as of 2021, the penalty for filing the form more than 30 days late is $50 per form. If the delay is more than 6 months, the penalty increases to $260 per form. The penalty applies separately to each form that is not filed on time. It is important to consult the official IRS guidelines or seek professional advice for the most up-to-date and accurate information regarding penalties.