416.724—Amounts of penalty deductions.
(a) Amounts deducted.
If we find that we must impose a penalty deduction, you will lose from your SSI benefits a total amount of—
(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.