Tax return preparers perform a vital function in assisting taxpayers in meeting their tax obligations and helping working families and individuals take advantage of the full range of tax benefits and credits. As a tax professional, you have a vested interest (as both a taxpayer and a tax preparer) in the protection of the integrity of the tax filing system.
The IRS is committed to providing tax professionals with the information and tools needed to prepare timely, accurate, and complete tax returns for their clients. Tax preparers play an important role in helping taxpayers understand and appropriately claim the Earned Income Tax Credit (EITC). Errors in this process can result in delay or even denial of EITC portion of your client's refund.
Help your clients avoid the four most common EITC errors:
- Claiming a child who is not a qualifying child
- Filing as single or head of household when married
- Reporting income incorrectly; and
- Using incorrect Social Security numbers
Helpful Resources
Please take advantage of the full range of services available to you to assist you in obtaining the latest information on EITC issues.
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