Question: Which statement is TRUE about the due diligence penalty for a tax preparer concerning due diligence failure with the Earned Income Credit ( EIC )

Which statement is TRUE about the due diligence penalty for a tax preparer concerning due diligence failure with the Earned Income Credit (EIC), Child Tax Credit (CTC)/Additional Child Tax Credit (ACTC)/Other Dependent Credit (ODC), American Opportunity Tax Credit (AOTC), and head of household filing status?

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