EITC Due Diligence

This course presents an overview of the earned income credit (EIC) rules and the common errors uncovered by the IRS in connection with claims for the credit.

Last Revision: April 2023



Prerequisites are not necessary to participate in this course and no advance preparation is needed.

Course Description

This course briefly summarizes the earned income credit rules, examines the common errors committed when claiming the credit, discusses the EIC due diligence requirements imposed on professional tax return preparers, and identifies the sanctions to which preparers and their employers may be subject for a failure to meet expected due diligence requirements.

Upon completion of this self-study course, you will be able to:

  • Recognize the earned income credit eligibility rules;
  • List the common errors committed in connection with claiming the earned income credit;
  • Describe the consequences for the taxpayer of the IRS’ disallowance of the earned income credit;
  • Identify the tax return preparer’s earned income credit due diligence requirements; and
  • List the sanctions that may be applied on a tax return preparer and his or her employer for a failure to meet due diligence requirements.

CPE Facts

Affiliation* CPE Awarded Delivery Method Field of Study Course ID Sponsor ID
NASBA 2 Self-Study Taxes N/A 103137
CTEC 2/0 Self-Study Federal Tax Law 3038-CE-0247 3038
IRS 2 Self-Study Federal Tax Law FQTGU-T-00559-23-S FQTGU
Texas State Board of Accountancy 2 Self-Study Taxes 100345 002921
Pennsylvania State Board of Public Accountancy 1 Self-Study (Non-Interactive) Taxes N/A

* Individuals with other professional credentials should check with their state licensing board or accrediting organization to determine if this program meets their continuing education requirements.

Other Details
Last Revision April 2023
Course Expiration The CPE portion of this course expires one year from date of purchase
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