Earned Income Credit

One of the most abused tax credits is the Earned Income Tax Credit/Earned Income Credit. With this credit, taxpayers will sometimes include children on their tax return that they do not have, or fraudulently create pay statements to show earned income. To ensure compliance and reduce occurrences of fraud or errors on a return, tax preparers need to be aware of the requirements, responsibilities, and consequences that are involved when preparing returns with these credits. That is what will be highlighted in this course.