The law does not require that an accuracy-related penalty under the IRC 6662(c) for negligence or disregards, be asserted in order to impose this.
What is 2-Year Ban
100
One Project Code that systemically proposes the assertion of the EITC 2-Year Ban.
What is Project Codes 0027 or 0028
100
IF the EITC recertification Indicator is NOT available on ENMOD, this command Code(CC) will also show the Recertification Indicator.
What is IMFOLE
100
The Acronym for Earned Inocime Tax Credit.
What is EITC
200
This must be asserted before the Statutory Notice of Deficiency is issued.
What is the EITC 2- Year Ban
200
What is the OTHER one project Code that Systemically proposes to assertion of the EITC 2-Year Ban.
What is Project Code 0028 or Project Code 0027
200
When there is No A-Freeze code presnet to the taxpayers account when closing case on Form 5344 (Examination Closing Record), and you are imposing a 2 year ban.
What is Priority Code 6
200
Which IDRS Resarch will identify if a taxpayer has the 2-Year Ban asserted and will carry an EITC Recertification Indicator "2"
What is ENMOD
200
The middle of a work week for TE's that work Monday thru Friday.
What is WEDNESDAY
300
Applies whe it is determined that a taxpayer recklessly, or intentionally disregarded the EITC rules and regulations when claiming EITC on their tax return.
What is EITC 2-Year Ban.
300
A SINGLE project code NOT discussed in Lesson 4
What is (any Project code ; reference to National Project Code listing from 0000 to 1050 . examples: 1015, 0231,0123,etc etc.
300
when there is a Freeze Code A on the account when closing on Form 5344(Examination Closing Record), this code is used.
What is Priority Code 7
300
A command Code (CC) NOT discussed in Lesson 4.
What is IMFOLT, RTVUE, DDBKD, SUMRY, AMDIS, TXMOD
etc.