Homework SourseIf the dependents parents are living why isnt the dependent
If the dependent\'s parents are living, why isn\'t the dependent living with the parents?
| Which Earned Income Tax Credit (EITC) due diligence question should be asked and have the answer documented if the taxpayer wishes to claim a dependent who is not their son or daughter? |
Solution
Solution:-
Explanation:-
If a client claims a qualifying child that is not the client’s son or daughter, it is important to determine if the relationship test is met; in other words, whether is the child a stepchild or foster child, a brother or sister, or a half brother or half sister. Also, the tie-breaker rules can come into play under which the client may be ineligible to claim the credit if it is also being claimed by the child’s parents. Thus, the tax return preparer should ask –
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| a. Are the dependent\'s parents still living? |
