A paid tax return preparer who fails to satisfy the due diligence requirements when preparing a return for a taxpayer claiming eligibility for the Earned Income Tax Credit, the Child Tax Credit and/or the Additional Child Tax Credit, the American Opportunity Tax Credit, or the head of household filing status may incur a maximum penalty of:

$2,120 per return. $1,590 per return. $530 per return. Zero, although penalties may be assessed against the taxpayer.