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Choose the response that correctly states the maximum penalty the IRS can assess against a paid tax return preparer who fails to satisfy the due

Choose the response that correctly states the maximum penalty the IRS can assess against a paid tax return preparer who fails to satisfy the due diligence requirements when preparing a return for an individual claiming the following tax benefits:

  • Head of household filing status.
  • Earned Income Tax Credit.
  • Child Tax Credit / Additional Child Tax Credit / Other Dependent Credit.
  • American Opportunity Tax Credit.

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