In: Accounting
Which of the following accurately describes a step a paid tax preparer should take when assisting a taxpayer who is applying for an ITIN?
A.)Complete Form 8867, Paid Preparer's Due Diligence Checklist.
B.)Notarize copies of the taxpayer's supporting documents.
C.)Prepare the federal tax return for which the ITIN is needed and include it in the ITIN packet.
D.)Prepare a separate ITIN packet for each family member listed on the return.
The detailed answer for the above question is provided below:
Answer is as follow.
Answer -
Answer is A.)
Explanation is as follow -
Complete Form 8867, Paid Preparer's Due Diligence Checklist accurately describes a step a paid tax preparer should take when assisting a taxpayer who is applying for an ITIN.
Option A.