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Get the free Form 8867 - Paid Preparer's Due Diligence Checklist

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2017 form 8867 perform 8867 due diligence.8867 form.2017 Department of the Treasury Internal Revenue Service Instructions for form 8867. Paid Preparer\'s Due Diligence Checklist for the Earned Income
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How to fill out form 8867 - paid

01
Obtain Form 8867 from the IRS website or office.
02
Read the instructions on the form carefully.
03
Fill in your personal information such as name, address, and social security number.
04
Provide information about the qualifying child(ren) for the Earned Income Tax Credit.
05
Complete the Paid Preparer Information section, if applicable.
06
Double check all the information provided for accuracy.
07
Sign and date the form before submitting it to the IRS.

Who needs form 8867 - paid?

01
Taxpayers who are claiming the Earned Income Tax Credit (EITC) and are using a paid tax preparer need to fill out Form 8867 - Paid Preparer's Due Diligence Checklist.
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Form 8867 is used by Paid Preparers to verify a taxpayer's eligibility for certain tax credits, including the Earned Income Credit (EIC), to ensure compliance with IRS regulations.
Paid preparers who prepare or assist in preparing a tax return that claims certain tax credits, such as the Earned Income Credit, must file Form 8867.
To fill out Form 8867, preparers must gather information from the taxpayer regarding their eligibility for credits, complete the form accurately, and provide required documentation.
The purpose of Form 8867 is to ensure that tax preparers are fulfilling their due diligence requirements when claiming refundable credits on behalf of taxpayers.
Form 8867 requires the preparer to report information such as the taxpayer's name, Social Security number, eligibility criteria for tax credits, and computations of the credits claimed.
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