Have a Question?
< All Topics
Print

Due Diligence Law

Requirements for paid preparers when claiming certain credits or head of household filing status

  • Earned income tax credit (EITC),
  • Child tax credit (CTC), additional child tax credit (ACTC), credit for other dependents (ODC), 
  • American opportunity tax credit (AOTC), or
  • Head of household (HOH) filing status.

Under the Internal Revenue Code, a penalty can be assessed against a paid tax return preparer for not meeting due diligence requirements when preparing a return or claim for refund claiming the:

Table of Contents