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Lisa is a full-time undergraduate student who wants to claim AOTC. She brings in her...

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Accounting

Lisa is a full-time undergraduate student who wants to claim AOTC. She brings in her school billing statement, as well as receipts for books she purchased for her college courses. Lisa informs her Tax Professional that she did not receive a Form 1098-T. The Tax Professional should do which of the following to meet the due diligence recordkeeping requirement?

Require Lisa to obtain a Form 1098-T before she can claim AOTC. Then make a photocopy of the Form 1098-T to include in the H&R Block client file.

Determine if Lisa's college is an eligible educational institution and document the conversation about verifying Lisa's college attendance during the year.

Take a photocopy of Lisa's billing statement and book receipts to keep in the H&R Block client file, as well as document the questions asked and answers provided to determine Lisa's AOTC eligibility.

Document the questions asked and answers provided to determine Lisa's AOTC eligibility.

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