To amend the Internal Revenue Code of 1986 to provide for a reduction in improper claims of refundable credits by directing the Secretary of the Treasury to ensure consistency of requirements for self and paid tax return preparers, and for other purposes.

Bill: 114-hr-3430
Sponsor: full_name: Rep. Young, Todd [R-IN-9]
Introduced: 2015-07-29
Policy area: Taxation
Subjects: Higher education

Income tax credits

Poverty and welfare assistance

Student aid and college costs

Tax administration and collection, taxpayers

Tax treatment of families

Wages and earnings
Latest action: action_date: 2015-07-29
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2015-07-29
action_desc: Introduced in House
text: <p>This bill amends the Internal Revenue Code to: (1) direct the Internal Revenue Service to ensure that all procedures and questions used to determine eligibility for the earned income tax credit, the child tax credit, and the American Opportunity, Hope Scholarship, and Lifetime Learning tax credits are substantially the same regardless of the method used for preparing and filing a tax return; and (2) extend the due diligence requirement for determining eligibility for the earned income tax credit to tax return preparers who prepare returns claiming such other tax credits.</p>

tv_txt: I 114th CONGRESS 1st Session H. R. 3430 IN THE HOUSE OF REPRESENTATIVES July 29, 2015 Mr. Young of Indiana introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to provide for a reduction in improper claims of refundable credits by directing the Secretary of the Treasury to ensure consistency of requirements for self and paid tax return preparers, and for other purposes.

1. Reduction of improper claims (a) Earned income credit Section 32 of the Internal Revenue Code of 1986 is amended by adding at the end the following: (n) Procedures To reduce improper claims The Secretary shall ensure that all procedures and questions (as prescribed through forms and instructions) used to determine eligibility for the credit allowed by this section are substantially the same regardless of method used for preparing and filing the return of tax. . (b) Child credit Section 24 of the Internal Revenue Code of 1986 is amended by adding at the end the following: (g) Procedures To reduce improper claims The Secretary shall ensure that all procedures and questions (as prescribed through forms and instructions) used to determine eligibility for the credit allowed by this section are substantially the same regardless of method used for preparing and filing the return of tax. . (c) American opportunity, hope, and lifetime learning tax credits Section 25A of the Internal Revenue Code of 1986 is amended by redesignating subsection (j) as subsection (k) and by inserting after subjection (i) the following: (j) Procedures To reduce improper claims The Secretary shall ensure that all procedures and questions (as prescribed through forms and instructions) used to determine eligibility for the credit allowed by this section are substantially the same regardless of method used for preparing and filing the return of tax. . (d) Due diligence requirements Section 6695(g) of the Internal Revenue Code of 1986 is amended— (1) by striking section 32 and inserting section 24, 25A, or 32 , and (2) in the heading by inserting child tax credit; American opportunity, hope, and lifetime learning tax credits; and before earned income credit . (e) Effective date The amendment made by subsection (a) shall apply to taxable years beginning after December 31, 2015.