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 Form 8867 2018

8867 for Tax Year 2018-2024 Form

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Video instructions and help with filling out and completing Form 8867

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Instructions and help about 2017 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 PTIN 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 really looking to find out which preparers are submitting the most earned income credits that don't actually meet the criteria oka

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