Question: Paid preparers are required to exercise due diligence when preparing a taxpayer's return for claiming the Earned Income Credit, the child tax Credit/Additional Child Tax
Paid preparers are required to exercise due diligence when preparing a taxpayer's return for claiming the Earned Income Credit, the child tax Credit/Additional Child Tax Credit and/or the American Opportunity tax Credit. All of the following are due diligence requirements EXCEPT a) Completion of eligibility checklist b) Knowledge c) Record Retention d)Verification of employment
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