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Taxpayer Questionnaire (PLEASE ANSWER ALL QUESTIONS) Tax Year EIC CLIENTS ATTACH TO FORM 8867 FOR DUE DILIGENCE TAXPAYER : First Name SPOUSE: First Name Last Name: Last Name: SSN: D.O.B. SSN: Your.

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Instructions for Form 8867 (2020) | Internal...
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Basically, due diligence requires you, as a paid preparer, to: Evaluate the information received from the client. Apply a consistency and reasonableness standard to the information. Make additional reasonable inquiries when the information appears to be incorrect, inconsistent, or incomplete.

The Four Due Diligence Requirements Complete and Submit Form 8867. (Treas. Reg. section 1.6695-2(b)(1)) ... Compute the Credits. (Treas. Reg. section 1.6695-2(b)(2)) ... Knowledge. (Treas. Reg. section 1.6695-2(b)(3)) ... Keep Records for Three Years.

Form 8867, Paid Preparer's Earned Income Credit Checklist, is submitted with the return. The exact amount of EIC is determined by the filing status, AGI, and number of qualifying children shown in the EIC tables. The taxpayer must have a valid social security number.

Paid tax return preparers are required to exercise due diligence when preparing any client's return or claim for refund.

The purpose of Form 8867 is to ensure that the tax preparer has considered all applicable EIC eligibility requirements for each prepared tax return. You should ask questions applicable to each client and be able to explain the meaning and reasoning behind each question.

Form 8867 must be completed by a paid tax return preparer responsible for a taxpayer's claim of the EIC, the CTC/ACTC/ODC, the AOTC, and/or HOH filing status; therefore, there may be multiple Forms 8867 for one return or amended return.

Examples of Acceptable Documentation for EITC claims (not all-inclusive) Authorized adoption agency or authorized placement agency. Birth certificate. Child care provider. Court document. Custody order. Government agency verification of benefits received for the year. Marriage certificate. Medical records.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232