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Question 28 of 35. Circular 230 due diligence requirements apply to all of the following tax returns, EXCEPT: Individual tax returns. Entity tax returns. Tax
Question 28 of 35. Circular 230 due diligence requirements apply to all of the following tax returns, EXCEPT: Individual tax returns. Entity tax returns. Tax returns that are claiming the Earned Income Tax Credit, Child Tax Credit/Other Dependent Credit Additional Child Tax Credit, American Opportunity Tax Credit, and/or Head of Household filing status. State tax returns. Mark for follow up Question 29 of 35. The income shown on the income statement should: O Equal the total of all the Forms 1099-NEC, 1099-MISC, and/or 1099-K received. O Equal the total of all the Forms 1099-NEC, 1099-MISC, and/or 1099-K, plus any cash or cash equivalent received. O Equal the net profit of the business. O Equal the amount that the client tells you
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