In your review of the prior year returns, you notice the client inappropriately claimed an education credit
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Question:
In your review of the prior year returns, you notice the client inappropriately claimed an education credit for one of their non-dependent children. The credit was subject to phase-out, so this error only reduced the taxpayer's taxable income by $5. You ignore the error and move on.
Was this an appropriate response?
Briefly explain your responses as well as the specific SSTS sections that support your conclusion.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: