Get Paid Preparer's Due Diligence Checklist

Filling out the Paid Preparer's Due Diligence Checklist is an essential process for tax preparers to ensure compliance with due diligence requirements when claiming certain tax credits and filing statuses. This guide provides clear, step-by-step instructions on how to complete the checklist accurately and efficiently online.

Follow the steps to complete the Paid Preparer's Due Diligence Checklist online.

1. Press the ‘Get Form’ button to access the form online and open it in your browser.
2. Begin by entering the taxpayer identification number and the taxpayer name(s) as displayed on the return at the top of the form.
3. Input the preparer's name and prepare's PTIN (Preparer Tax Identification Number) to ensure accountability.
4. In Part I, check the appropriate boxes corresponding to the credit(s) and/or Head of Household (HOH) filing status claimed on this return. Complete all related Parts I-V as applicable.
5. For each question in Part I, choose 'Yes' or 'No' based on the information provided or obtained from the taxpayer. Make sure to record your inquiries and document the taxpayer's responses.
6. Continue to Parts II-V, which contain further due diligence questions specific to the Earned Income Credit (EIC), Child Tax Credit (CTC), American Opportunity Tax Credit (AOTC), and HOH filing status. Answer all questions truthfully to verify eligibility.
7. Review your answers in the Eligibility Certification section to confirm that all information is accurate and complete. Ensure you are aware of the documentation requirements outlined.
8. Once you have completed the checklist, you can choose to save your changes, download the form, print it, or share it as needed.

Complete your Paid Preparer's Due Diligence Checklist online to ensure compliance and accuracy.