Question

A tax return preparer has complied with the due diligence requirements set forth in Treasury Regulations for the head of household (HOH) filing status if he or she keeps which of the following records for three years from the latest of the required dates?

A. A copy of Form 8867

B. Copies of any documents provided by the taxpayer on which he or she relied to determine eligibility for, and the amount of, the credit(s)

C. A record of any additional questions he or she may have asked to determine eligibility for, and amount of, the credits, and the taxpayer’s answers

D. All of the above

Answer 1

Ans.

A tax return preparer has complied with the due diligence requirements set forth in Treasury Regulations for the head of household (HOH) filing status if he or she keeps which of the following records for three years from the latest of the required dates (and required dates are as : which may be due date of tax return or the return filing date or the date when return is presented for sign to taxpayer if electronic filing is not there or the date of submitting to the signing tax return preparer for which you are responsible )

A. A copy of Form 8867

B. Copies of any documents provided by the taxpayer on which he or she relied to determine eligibility for, and the amount of, the credit(s)

C. A record of any additional questions he or she may have asked to determine eligibility for, and amount of, the credits, and the taxpayer’s answers

D. All of the above

All the above documents/records in point A , B and C are required to be kept for three years from the latest of the required dates.

So the correct ans is D. All of the above.