All of the following are requirements for a Tax Professional to meet the Earned

Question

All of the following are requirements for a Tax Professional to meet the Earned income Tax Credit (EITC) due diligence requirement EXCEPT a- make reasonable inquires, if a reasonable and well informed tax return preparer knowledgeable in the law would conclude that the information received from the taxpayer appears to be incorrect, inconsistent or incomplete B- Maintain a record ofhow and when earned income tax credit (eitc) information was obtained and the identity of the person provided it. C-Investigate and verify the accuracy of information a taxpayer provides to show elligibility for Earned Income Tax Credit (Eitc) D-Compute the Earned Income Tax Credit (Eitc) by completing the appropiate refundable credit worksheets.

Explanation / Answer

ans) Option (A)

   make reasonable inquires, if a reasonable and well informed tax return preparer knowledgeable in the law would conclude that the information received from the taxpayer appears to be incorrect, inconsistent or incomplete

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