The Return Preparer Office will be mailing the following letters on Tuesday, Dec. 29:
• Letter 5271 to 5,000 return preparers. This letter reminds them of their responsibilities when preparing returns that include the Child Tax Credit and the Additional Child Tax Credit.
• Letter 5272 to 2,500 return preparers. This letter reminds them of their responsibilities when preparing returns that include the Child Tax Credit and the Additional Child Tax Credit when children with ITINs are involved.
• Letter 5573 to 2,500 return preparers. This letter reminds credentialed return preparers to inquire about 1099-K income when they prepare Schedule C returns. (Letter 5574 on the same topic was sent to 5,000 non-credentialed return preparers in August. It was sent earlier because it encouraged the recipients to take CE on the topic and to consider participating in the Annual Filing Season Program.)
• Letter 5271 to 5,000 return preparers. This letter reminds them of their responsibilities when preparing returns that include the Child Tax Credit and the Additional Child Tax Credit.
• Letter 5272 to 2,500 return preparers. This letter reminds them of their responsibilities when preparing returns that include the Child Tax Credit and the Additional Child Tax Credit when children with ITINs are involved.
• Letter 5573 to 2,500 return preparers. This letter reminds credentialed return preparers to inquire about 1099-K income when they prepare Schedule C returns. (Letter 5574 on the same topic was sent to 5,000 non-credentialed return preparers in August. It was sent earlier because it encouraged the recipients to take CE on the topic and to consider participating in the Annual Filing Season Program.)