This toolkit has everything you need to help you prepare accurate tools and practice due diligence. It also has everything you need to help your clients with claims for the Earned Income Tax Credit, Child Tax Credit/Additional Child Tax Credit, Credit for Other Dependents and the American Opportunity Tax Credit.
Recommended
- Hot topics for return preparers for news you need to help you meet due diligence requirements, and more.
- Paid preparer due diligence training online covers due diligence "must-do's" and contains scenarios and quizzes to check your understanding. Then, pass the test and you may receive two continuing education credit and print a certificate of completion.
- Tax Professional Awareness Week is an educational initiative that equips tax professionals with the tools and information they need before filing season to help them prepare accurate returns. The event is designed to empower tax professionals with updated knowledge and skills in the evolving field of taxation.
- Due diligence videos show how practicing due diligence can benefit you, your clients, and your business, and how to avoid common errors and penalties when determining your clients’ eligibility for the EITC, CTC/ACTC/ODC and AOTC.
- Paid preparer due diligence requirements when preparing returns or claims for refund.
- Publication 4687, Paid Preparer Due Diligence PDF can help you comply with due diligence requirements and avoid penalties.
- EITC Schedule C and Record Reconstruction Training to find out how to help your self-employed clients reconstruct their business income and deductions when records are missing or incomplete.
- Answers to the questions most frequently asked by preparers
- State and local governments with the Earned Income Credit. Note: Questions should be directed to state or local tax authorities.
Related
- EITC income limits, maximum credit amounts
- Learn how to avoid the most common EITC errors
- Learn how to handle the most difficult due diligence situations
- Learn about refundable credits and get continuing education credits.
- View a comparison of child-related tax benefits
- Find products to help you meet your due diligence requirements and inform your clients of your responsibility to get it right.
- EITC Assistant available in English and Spanish, to show your clients whether they qualify for EITC.
- Am I eligible to claim an education credit?
- Does my child/dependent qualify for the child tax credit or the credit for other dependents?
- Form 886-H-EIC Toolkit to identify which documents to send for audit to verify the EITC for a qualifying child.
- Publication 3524, EITC Eligibility Checklist PDF to help explain the EITC eligibility requirements to your clients. Also available in Spanish PDF.