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Question 36 of 50 . If a taxpayer's Earned Income Credit is disallowed due to reckless or intentional disregard of the rules, there is a
Question 36 of 50 . If a taxpayer's Earned Income Credit is disallowed due to reckless or intentional disregard of the rules, there is a waiting period after the disallowance. How long is the waiting period? Sixty to ninety days. Six months to one year. Two to ten years. Fifteen to twenty years. Mark for follow up Question 37 of 50 . If a taxpayer's Earned Income Credit (EIC) was disallowed, what additional step must the taxpayer take the next time they claim the EIC? Amend the previous year's tax return. Complete Form 8812 (Form 1040). File a grievance with the IRS. File Form 8862 . Mark for follow up Question 38 of 50 . Stan would like to claim his grandson, Spencer, as his qualifying child so he can claim the Earned Income Credit (EIC). However, Spencer's mother, Alma, is also eligible to claim Spencer as her qualifying child for EIC purposes. As Stan's tax preparer, what information would you share with Stan? Alma holds a higher right and may claim EIC based on Spencer, because Alma is Spencer's parent. As long as Stan files before Alma, he may claim EIC based on Spencer, his qualifying child. Stan and Alma may agree to each claim one-half of the EIC based on Spencer, their qualifying child. Stan may claim EIC based on Spencer if his adjusted gross income is higher than Alma's
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