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1 Which situations would likely create an IRC 6 6 9 4 penalty for a tax return preparer? a . A tax position that has

1 Which situations would likely create an IRC 6694 penalty for a tax return preparer?
a. A tax position that has reasonable basis when there is no disclosure.
b. A position with MLTN level of confidence
c. An adequately disclosed position with reasonable basis.
d. A position where the tax return preparer relied on advice from a reputable advisor and also performed his/her own due diligenc

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