It had been another long day of tax season, tying up loose ends and fixing other people's mistakes. Typical. I just wanted to get out of here and grab a bite. But everything changed when she walked in. "I got your letter. What do you mean I'm not gonna get my earned income tax credit this year?" Mrs. Romero exclaimed. "I know it's upsetting, but something unexpected has happened," I replied calmly. "So what is this all about? You told me I qualified," Mrs. Romero questioned. "It seemed that way when we talked. Your w-2s looked good and you had all the necessary paperwork on your daughter. If I had everything correct, where is my money?" she persisted. "Well, Mrs. Romero, the reject code IRS sent back to us on your tax return means that somebody else has claimed your daughter for the EITC," I explained. "But how can that be? Let's take a look," I suggested. "All we need to do is a little investigating. Now, let's see. You made $21,000 last year, you're 32 years old, and your daughter is 10. You're divorced and your daughter lives with you, right?" "That's right," Mrs. Romero confirmed. "How long did you and your daughter live together last year?" I asked. "Well, it wasn't quite the whole year. You see, I didn't get divorced until last March. Before that, my husband, my daughter, and I all lived together. And after March, my daughter lived with my husband from March through October. But I gave my ex money for her food, clothes, etc.," Mrs. Romero explained. "So, your daughter lived with you for January, February, November, and December. Four months total," I summarized. "That's right. The residency requirement? What do you mean? I am a resident, so is my daughter," Mrs. Romero...
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To meet the first due diligence requirement Form: What You Should Know
Keep a copy of the due diligence completed by the tax return preparer. A. A record of your contact with each taxpayer including Contact information with the taxpayer, if appropriate, for the three months prior to the due date on the day before, and day of, the due date on Form 8867 (12/2021), Schedule G (12/2212), 12/2718), Schedule H (Form 121868) for the tax year in which the tax return is filed or, if filed more than once in the same tax period (see § 6011-18). B. Documentation to support the due diligence report. The taxpayer's — Form 8968 (10/2018) (11/2018) — Complete Form 8968 with the form provided by the taxpayer. This is the form for Schedule H (12/2212). — Form 8958 (11/622) (12/2018) (10/12/18: 6/18/19) — Complete Form 8958 with the form provided by the taxpayer. This is the form for Schedule H (10/12/18). — Form 8867 (12/2021) (11/24/18) — Complete Form 8867 with the form provided by the taxpayer. This is the form for Schedule H (10/12/18). E. All the following: The due diligence report required by section 6112(d)(2)(B) must be completed by the tax return preparer within 4 years from the date it was filed (see § 6011-18). I. Provide the taxpayer with a written response to the due diligence report. F. The taxpayer must submit supporting documents to the IRS in an electronic format. I. Include the following documentation: All pertinent facts and supporting documents that are reasonably believed to be necessary for the taxpayer to present his or her Due Diligence to the IRS in a timely manner under section 6018(a)(2), Regulations section 6868, as required. I. If the taxpayer is not a tax return preparer, complete: A.
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