Department of the Treasury Internal Revenue Service Form 11652 Questionnaire and Supporting Documentation Form 1040 Schedule C Profit or Loss from Business Rev. May 2005 Name Social security number Business Address Telephone Numbers Home Business Business Website if available 1. Please provide a description of your business. Type of work product sold service provided hours of operation where business is conducted 2. Did you receive Form s 1099 MISC for the income reported No Yes Please send a...copy of the Form s 1099 3. If you did not receive Form s 1099 MISC for the income reported provide a copy of the record of income showing the customer name. Also include the social security number or employer identification number if available. 4. Is a license a requirement of your occupation Do you have a business license 5. How do you advertise for business Please submit copies of your advertisement and paid receipts Newspaper Personal Computer Flyers Other Please explain* 6. By law you are...required to keep adequate records. What type of records do you maintain to verify business income and expenses Check all boxes that apply. Please submit copies of records. Accounting Records Computer Records Business Bank Accounts Paid Invoices/Receipts Business Stationery Insurance Advertising Car/Truck Expense Rental Expense Log Books Ledgers Suppliers name address Other Please specify. This is not an all inclusive listing. If you have other forms of documentation to support your business...please explain and submit copies of the documents. 7. Did you file state and/or local sales tax returns for the tax year Note If you claimed a refund on your return and have not received it we will not consider your claim until we review your documentation and make a final determination regarding your tax liability. Please provide a description of your business. Type of work product sold service provided hours of operation where business is conducted 2. Did you receive Form s 1099 MISC for the...income reported No Yes Please send a copy of the Form s 1099 3. Did you receive Form s 1099 MISC for the income reported No Yes Please send a copy of the Form s 1099 3. If you did not receive Form s 1099 MISC for the income reported provide a copy of the record of income showing the customer name. If you did not receive Form s 1099 MISC for the income reported provide a copy of the record of income showing the customer name. Also include the social security number or employer identification...number if available. 4. Is a license a requirement of your occupation Do you have a business license 5. Also include the social security number or employer identification number if available. 4. Is a license a requirement of your occupation Do you have a business license 5. How do you advertise for business Please submit copies of your advertisement and paid receipts Newspaper Personal Computer Flyers Other Please explain* 6. How do you advertise for business Please submit copies of your...advertisement and paid receipts Newspaper Personal Computer Flyers Other Please explain* 6. By law you are required to keep adequate records. What type of records do you maintain to verify business income and expenses Check all boxes that apply.
pdfFiller is not affiliated with IRS
Get, Create, Make, and Sign IRS eitc 11652
Edit your IRS eitc 11652 online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share your form instantly
Email, fax, or share your IRS eitc 11652 via URL. You can also download, print, or export forms to your preferred cloud storage service.
Instructions and Help about IRS eitc 11652
How to edit IRS eitc 11652
How to fill out IRS eitc 11652
Instructions and Help about IRS eitc 11652
How to edit IRS eitc 11652
To edit IRS eitc 11652, users can utilize pdfFiller’s tools. Access the PDF file through the platform, where you can annotate and make necessary changes. Ensure to save the document periodically to avoid losing any modifications.
How to fill out IRS eitc 11652
Filling out IRS eitc 11652 involves several key steps to ensure accuracy. First, gather all necessary financial documents and information regarding your eligibility for the Earned Income Tax Credit (EITC). Next, accurately complete each section of the form before reviewing for correctness.
About IRS eitc 1 previous version
What is IRS eitc 11652?
IRS eitc 11652 is a tax form specifically used to claim the Earned Income Tax Credit (EITC). It serves as a declaration supporting a taxpayer's eligibility for this credit, which seeks to reduce poverty by providing financial assistance to low- to moderate-income households.
Who needs the form?
Taxpayers who claim the Earned Income Tax Credit must complete IRS eitc 11652. This includes individuals and families with qualifying children or those who meet specific income criteria. Additionally, self-employed individuals may also need this form to validate their claim for the credit.
Components of the form
The components of IRS eitc 11652 include sections that request personal information, income details, and family status. It typically requires information on wages earned, potential investment income, and dependent details, as these elements directly influence credit eligibility.
What information do you need when you file the form?
When filing IRS eitc 11652, you will need personal identification details, including Social Security numbers for you and your dependents. Furthermore, compile income statements such as W-2 forms, 1099 statements, and any relevant documentation proving residency and eligibility for credit.
Where do I send the form?
IRS eitc 11652 should be mailed to the appropriate address based on your filing status and residence. Review the IRS instructions for the most current mailing addresses or utilize e-filing methods, as many taxpayers now file electronically for convenience and accuracy.
What is the purpose of this form?
The primary purpose of IRS eitc 11652 is to determine a taxpayer's eligibility for the EITC. This form helps ensure that the correct amount of credit is claimed, ultimately impacting tax liability and potential refunds. Proper submission can lead to significant financial relief for eligible taxpayers.
When am I exempt from filling out this form?
You may be exempt from filling out IRS eitc 11652 if your income exceeds the specified thresholds or if you do not meet the basic requirements for claiming the EITC. Taxpayers with no qualifying children generally do not need to file if they earn more than the income limit set by the IRS.
What are the penalties for not issuing the form?
Failure to properly issue IRS eitc 11652 may result in penalties, including potential denial of the EITC claim, which can lead to financial loss. Additionally, incorrect or fraudulent claims may incur fines or even criminal charges, emphasizing the importance of accurate submission.
Is the form accompanied by other forms?
IRS eitc 11652 may be accompanied by additional forms depending on your tax situation. Commonly, it is filed with Form 1040 or 1040A, along with any other relevant schedules or documentation that supports your claimed income and deduction amounts.
FAQ about IRS eitc 11652
What should I do if I realize I made a mistake on my form 11652 after submission?
If you discover errors after submitting form 11652, you can amend the form by filing a corrected version. It's essential to clearly mark it as an amended submission and provide the correct information. Keep a record of both the original and amended forms for your records.
How can I verify if my form 11652 has been received and processed?
To check the status of your submitted form 11652, contact the relevant agency or use their online tracking system if available. Be sure to have your submission details handy for accurate tracking, as this will help to confirm its receipt and processing status.
Are e-signatures acceptable for submitting form 11652?
E-signatures are generally acceptable when submitting form 11652 electronically, but it’s advisable to review the specific guidelines provided by the filing agency. Ensure that your e-signature complies with any stated legal requirements to maintain its validity.
What common errors should I watch out for when submitting form 11652?
Common errors when submitting form 11652 include incorrect taxpayer identification numbers, missing signatures, and inconsistent information compared to previous filings. Carefully review your form before submission to minimize these mistakes and avoid potential delays.
What should I do if I receive a notice regarding my form 11652 submission?
If you receive a notice related to your form 11652, review the documentation carefully to understand the issue. Gather any necessary supporting documents and respond promptly, following the instructions provided in the notice to resolve the situation.
Use this catalog to find any type of IRS forms. We've gathered all of them under this section uncategorized to help you to find a proper form faster. Once you spot it on this list, have a look at the versions and schedules you might need as attachments. All returns are available for 2016 and for previous fiscal years.
