The EITC is basically the IRS’s way of saying, “Hey, we see you working hard!” But not everyone gets it—and not everyone who should get it is claiming it. In this course, we’ll decode the who (hint: it’s more than just parents), the why (because it can be worth thousands 💸), and the how (eligibility rules, income limits, filing status, etc.). You’ll learn how to help your clients get every dollar they deserve—without triggering an audit 🕵️‍♀️

Objetivos de aprendizaje

• Determine whether a taxpayer meets the earned income, investment income, filing status, and residency requirements for the Earned Income Tax Credit
• Identify what counts as earned income for EITC purposes and distinguish it from income that does not qualify
• Apply the relationship, age, residency, and joint return tests to determine whether a child is a qualifying child for EITC
• Determine the EITC available to a taxpayer with no qualifying children and identify the additional requirements that apply
• Identify the preparer due-diligence requirements under §6695(g) and Form 8867 that apply to an EITC claim, and the penalty for failing to meet them