2023 Due Diligence Questionnaire

You can’t claim the EIC for a child who didn’t live with you for more than half of the year, even if you paid most of the child’s living expenses.

Sometimes a child meets the tests to be a qualifying child of more than one person. However, only one of these persons can actually treat the child as a qualifying child. Only that person can use the child as a qualifying child.

We are required to obtain from the taxpayer a document proving the existence of the child such as one of the following (that would have the child’s name on it):
– School record or statement
– Health care provider statement
– Child care provider record
– Place of worship statement

If the American Opportunity Tax credit (and Hope Scholarship credit) has been claimed for this student for any 3 or fewer tax years before 2023, this requirement is met.

(a) Was enrolled in a program that leads to a degree, certificate, or other recognized educational credential; and
(b) Carried at least one-half the normal full-time workload for his or her course of study.
* The standard for what is half of the normal full-time workload is determined by each eligible educational institution. However, the standard may not be lower than any of those established by the U.S. Department of Education under the Higher Education Act of 1965.