• Tax Due Diligence Questionnaire

    Please provide detailed information to assist in the preparation of your 2024 tax return.
  • Instructions:  

    This questionnaire is provided because you have previously claimed or intend to claim one of the following credits: Child Tax Credit (CTC), Additional Child Tax Credit (ACTC), Earned Income Tax Credit (EITC), or American Opportunity Tax Credit (AOTC). It is designed to assist in qualifying you for valuable refundable tax credits. Please complete all applicable sections in detail. If a question does not apply to you, mark it as N/A (Not Applicable) to confirm your review.

    Abbreviations Used:

    CTC: Child Tax Credit

    ACTC: Additional Child Tax Credit

    Purpose: Refundable portion allowing you to receive money back if you don’t owe enough in taxes.
    Eligibility:
    Must qualify for the CTC but not owe enough taxes to use the full credit.
    Refundable Amount: Up to $1,700 per child.

     

    EITC: Earned Income Tax Credit (Low Income Households)

    Purpose: Helps low-to-moderate-income workers, especially those with children, by reducing taxes owed and providing a refund.

    Eligibility:
    Based on income and number of children.
    Must have earned income (from job or self-employment).

    Credit Amount: Ranges from $600 to $7,830 depending on income and children

     

    AOTC: American Opportunity Tax Credit (College Credit)

    Purpose: Helps cover education expenses for the first four years of college. 

    Eligibility:
    Student must be enrolled at least half-time in a degree program.
    Covers tuition, fees, and textbooks.
    Credit Amount: Up to $2,500 per student.
    $1,000 of the credit is refundable.

     

    For Clients with Dependents:

    Please submit copies of:

    1.Social Security cards
    2.Birth certificates
    3.Proof of residency (e.g., school or medical records showing the dependent's name and your address)

    For Taxpayers Claiming College Tax Credits: 

    Please provide:

    1.Form 1098-T from the college
    2.Bursar's or Tuition statement showing Spring and/or Fall semester charges and payments
    3.Receipts for textbooks and corresponding course syllabi indicating they were required for the course

    Note: The credit applies to payments made for tuition, fees, and related expenses. It does not cover room and board or travel expenses.

    For Taxpayers Claiming Head of Household Status: Complete both dependent questions and the Household Expense worksheet. Include a copy of the divorce decree or separation agreement if applicable.

    Note: You cannot claim Head of Household if you lived with your spouse at any time in the last 6 months of the year.

    If you have questions, contact our office at 216-770-2732 or 216-703-0103

  • Client Information

  • Format: (000) 000-0000.
  • DUE DILIGENCE QUESTIONAIRE Dependents Information

    Please list all dependents you are claiming on your tax return. To be Completed by All Taxpayers with Dependents:
  • Not Your Biological Child

  • Did you receive any of the following in 2024?

  • Deductions and Credits

  • Browse Files
    Drag and drop files here
    Choose a file
    Cancelof
  • Disabled At Any Age

  • Filing Status

  • Please note Head of Household can ONLY be claimed by taxpayers with a Qualified Dependent AND who are:

    Single and paying more than ½ cost of keeping up a home (complete worksheet below), OR

    Married but did not live with your spouse AT ANY TIME in the last 6 months of the year OR

    Divorced or LEGALLY seperated (Attach copy of Decree or Separation Agreement)

  • Other Relevant Information

  • Additional Comments or Questions

  • Powered by Jotform SignClear
  •  - -
  • Should be Empty: