Question

A tax return preparer must complete the paid preparer's area of the return ifa. An employee prepares a tax return for his employer by whom he is regularly and continuously employed.b. The individual was paid to prepare, assist in preparing, or review the tax return.c. The individual volunteers to complete the return for no cost.d. The taxpayer prepares his own return.e. None of the above

Answer 1

Answer:

The correct answer is letter "B": The individual was paid to prepare, assist in preparing, or review the tax return.

Explanation:

Tax return prepares are those paid to file tax returns or reports. This individual had to at least file 10 tax reports in the previous period and will have to file 10 or more during the current period or the upcoming period (1 year). When the individual not only prepares the tax return but also is in charge of the assistance and the review of the report, the paid preparer's area of the report must be filled.