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 Irs Form 8867 2017

2017-2024 Form

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Instructions and help about Ir's Form 8867

One of the most important things on the IRS competency exam is your use as a tax preparer of the Earned Income Credit, so I want to lead you guys through the form eighty-eight sixty-seven which is the paid preparers or an income credit checklist, so basically this is the form that you're supposed to fill out every time you claim the Earned Income Credit related to certain cases in most cases you have to fill this out and attach it to the tax return okay, so you can see here that this is the taxpayers name social security number, so you're verifying this taxpayers' eligibility to receive their Earned Income Credit look here on the front of the form where it actually has the preparers name and PAIN on the eighty-eight sixty-seven okay that's a major factor as a preparer IRS statistics show that up to 40 percent of audits are related to earn income credit, so IRS is rEvally looking to find out which preparers are submitting the most earned income credits that don't actually meet the crite

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