Compare the current tax year with the prior tax year (2022 and 2021) for the following forms:

1. Schedule 8812 Other Dependent Credit: Specify changes past, present future if applicable to this form.

Example of when this other dependent credit may apply using professional terms to describe client's scenario

Changes to the form from year A to year B

Changes to areas to consider from year to year

Possible new developments and why they may occur

2. Form 2441 Child and Dependent Care Credit: Specify changes past, present future if applicable to this form.

Example of when this Child and Dependent Care Credit may apply using professional terms to describe client's scenario

Changes to the form from year A to year B

Changes to areas to consider from year to year

Possible new developments and why they may occur

3. Identify applicable documentation for Form 8863 Education Tax Credit American Opportunity Tax Credit (AOTC), Form 8863 Education Tax Credit Lifetime Learning Credit (LLC), Schedule 8812 Child Tax Credit, Schedule 8812 Other Dependent Credit and Form 2441 Child and Dependent Care Credit.

Document retention is part of form 8867 for due diligence

Different types of forms or documents depend on the type of tax credit