Choose the response that accurately completes the last sentence. Lila is your best friend's 19-year-old...

50.1K

Verified Solution

Question

Accounting

Choose the response that accurately completes the last sentence. Lila is your best friend's 19-year-old daughter. Lila has a two-year-old child. You know that Lila lived at home and was a full-time student until she quit college at the end of September during the tax year. Your friend (Lila's mom) gives you Lila's tax documents and tells you to let Lila claim herself and claim her child for the Earned Income Credit (EIC). To meet the EIC due diligence knowledge requirement, you:
Can complete Lila's return filing her as a single nondependent, with EIC for her child.
Can disregard information obtained through a personal relationship.
Cannot complete Lila's return under any circumstances.
Cannot ignore the facts about Lila living with her mother for nine months of the year when she was a full-time student.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students