IRS 8867 2014 free printable template

Or Part III whichever applies. For Paperwork Reduction Act Notice see separate instructions. Cat. No. 26142H 8867 2014 Page 2 Form 8867 2014 Taxpayers With a Child Caution. If there is more than one child complete lines 8 through 14 for one child before going to the next column. Child s name. 2014 If the taxpayer s filing status is married filing jointly check No. applies to the taxpayer for 2014 See instructions. on line 19 the taxpayer can take the EIC. If the taxpayer s EIC was reduced or...disallowed for a year after 1996 see Pub. 596 to find out if Form 8862 must be filed. Go to line 20. Due Diligence Requirements Did you complete Form 8867 based on current information provided by the taxpayer or reasonably obtained by you. Form Paid Preparer s Earned Income Credit Checklist Department of the Treasury Internal Revenue Service OMB No* 1545-1629 To be completed by preparer and filed with Form 1040 1040A or 1040EZ. Information about Form 8867 and its separate instructions is at...www*irs*gov/form8867. Attachment Sequence No* 177 Taxpayer s social security number Taxpayer name s shown on return For the definitions of Qualifying Child and Earned Income see Pub. 596. Part I All Taxpayers Enter preparer s name and PTIN Is the taxpayer s filing status married filing separately. If Yes No you checked No on line 3 stop the taxpayer cannot take the EIC. Otherwise continue. exclusion of foreign earned income. 5a If you checked Yes on line 2 stop the taxpayer cannot take the EIC....Otherwise continue. Does the taxpayer and the taxpayer s spouse if filing jointly have a social security number SSN that allows him or her to work and is valid for EIC purposes See the instructions before answering. Was the taxpayer or the taxpayer s spouse a nonresident alien for any part of 2014 Otherwise continue. Could the taxpayer be a qualifying child of another person for 2014 If the taxpayer s filing status is married filing jointly check No* Otherwise see instructions before answering....Is the child the taxpayer s son daughter stepchild foster child brother sister stepbrother stepsister half brother half sister or a descendant of any of them Was the child unmarried at the end of 2014 If the child was married at the end of 2014 see the instructions before answering. Did the child live with the taxpayer in the United States for over half of 2014 See the instructions before answering. Child 1 Was the child at the end of 2014 Under age 19 and younger than the taxpayer or the...taxpayer s spouse if the taxpayer files jointly Under age 24 a student defined in the instructions and younger than the taxpayer or the taxpayer s spouse if the taxpayer files jointly or Any age and permanently and totally disabled. taxpayer s qualifying child go to line 13a* If you checked No on line 9 10 11 or 12 the child is not the taxpayer s qualifying child see the instructions for line 12. 13a Do you or the taxpayer know of another person who could check Yes on lines 9 10 11 and 12 for...the child If the only other person is the taxpayer s spouse see the instructions before answering.

Instructions and Help about IRS 8867

How to edit IRS 8867

How to fill out IRS 8867

Instructions and Help about IRS 8867

How to edit IRS 8867

To edit IRS 8867, open the form in a PDF editor such as pdfFiller. Use its tools to make the necessary adjustments. Once you have updated the information, ensure to save a copy for your records. You may also want to print or submit the revised form as needed.

How to fill out IRS 8867

Filling out IRS 8867 requires key personal and financial information. Gather relevant documentation like income statements and deduction receipts. Follow these steps to properly complete the form:

1. Provide your name, taxpayer identification number, and filing status at the top of the form.
2. Complete sections related to qualifying persons, income, and tax credits.
3. Carefully review the completed form for accuracy before submission.

About IRS 8 previous version

What is IRS 8867?

What is the purpose of this form?

Who needs the form?

When am I exempt from filling out this form?

Components of the form

What are the penalties for not issuing the form?

What information do you need when you file the form?

Is the form accompanied by other forms?

Where do I send the form?

About IRS 8 previous version

What is IRS 8867?

IRS 8867 is the form used to verify a taxpayer's eligibility for certain tax credits, including the Earned Income Tax Credit (EITC). This form is essential for preparers who assist clients in claiming these credits. By completing IRS 8867, tax professionals certify that they have verified the information provided by the taxpayer.

What is the purpose of this form?

The purpose of IRS 8867 is to ensure compliance with the due diligence requirements established for tax preparers. The form helps verify that tax preparers have taken steps necessary to confirm the accuracy of the taxpayer's claims for credits. Not properly completing this form can lead to penalties for the preparer and denial of credits for the taxpayer.

Who needs the form?

Tax preparers who assist clients in claiming the EITC, Child Tax Credit, Additional Child Tax Credit, and American Opportunity Tax Credit must complete IRS 8867. If you are a filer claiming any of these credits on your return, your preparer should provide you with this form.

When am I exempt from filling out this form?

You are exempt from completing IRS 8867 if you are a taxpayer filing a return without the assistance of a paid tax preparer. Additionally, if you have not claimed the credits in the prior two tax years and your claim has not been disallowed, you may not need to fill out this form.

Components of the form

The form consists of several sections. These include the taxpayer's information, details on qualifying children, and a section for the tax preparer to sign and affirm the accuracy of the information provided. Each section includes specific questions aimed at validating the eligibility for credits claimed.

What are the penalties for not issuing the form?

If a tax preparer fails to issue IRS 8867 when required, they may face significant penalties. The IRS imposes a penalty for each failure to comply with due diligence requirements, which can accumulate depending on the number of returns filed. This underscores the importance of maintaining thorough documentation and adhering to filing requirements.

What information do you need when you file the form?

To file IRS 8867, you need the following information:

1. Personal information for the taxpayer and dependents, including names and Social Security numbers.
2. Proof of income such as W-2s or 1099s.
3. Evidence supporting eligibility for claimed credits, like child care expenses or education costs.

Is the form accompanied by other forms?

Yes, IRS 8867 is typically accompanied by the corresponding tax return forms, such as the 1040 or 1040A, where the credits are claimed. It is advisable to review all related documentation to ensure consistency across forms.

Where do I send the form?

The completed IRS 8867 does not need to be sent to the IRS unless specifically requested. Instead, it should be attached to the tax return submitted by the taxpayer. Keep a copy for your records as part of your tax documentation.

FAQ about IRS 8867

What should I do if I discover an error after filing the 2014 form 8867?

If you find an error in your filed 2014 form 8867, you should file an amended return as soon as possible. This involves submitting a corrected form along with an explanation of the changes made. Ensure you keep copies of all communications and filings for your records.

How can I verify the status of my submitted 2014 form 8867?

You can verify the status of your 2014 form 8867 by checking the IRS 'Where's My Refund?' tool online if you are awaiting a refund. Alternatively, you may also contact the IRS directly for updates on processing times or to inquire if any issues occurred during the filing.

What issues might lead to the rejection of my e-filed 2014 form 8867?

Common e-file rejection codes for the 2014 form 8867 include missing information, discrepancies in Social Security Numbers, or failure to match IRS records. Be sure to carefully review any error messages provided by your e-filing software to address these issues before resubmitting.

How should I handle a notice from the IRS regarding my 2014 form 8867?

If you receive a notice from the IRS about your 2014 form 8867, promptly read the document for specific instructions. Prepare any required documentation and ensure you respond by the deadline provided in the notice to avoid further complications.

Is e-signature acceptable for submitting the 2014 form 8867?

Yes, e-signatures are generally acceptable for the 2014 form 8867 when filed electronically. Ensure that your e-filing software meets IRS compliance for e-signatures to maintain valid submission.