These are some of the questions we received about the due diligence checklist during our Administrator Webinar:
Q: Are the EITC questions and other questions underneath it going to stay populated when the return goes from the preparer to the reviewer and the reviewer is going through the screens?
A: Due Diligence will not be required for TaxSlayer Pro Online 2017. However, the questions do remain answered for the prior years when someone goes back through them fore view purposes.
Q: If there is no longer a due diligence checklist, how can the preparer remove the EIC when the program calculates it, but the taxpayer does not qualify?
A: The process will remain the same. Navigate to Form 8862 via Forms Search and complete the Not Eligible for EIC section
Q: Will the due diligence check list go away for prior years or just TY 2017?
A: Just TaxSlayer Pro Online 2017
Q: Will the Due Diligence checklist go away for desktop?
A: No, this only applies to TaxSlayer Pro Online.
Blog posted 10/24/2017