SSTS # 2: Answers to questions on returns

Question 1

This statement sets forth the applicable standards for members when:

Answer 1

1. signing the preparer’s declaration on a tax return if one
   more questions on the return have not been answered

Question 2

A member should make a ———— to obtain from the taxpayer the information necessary to provide appropriate answers to all questions on a tax return before signing as preparer.

Answer 2

reasonable effort

Question 3

Reasonable grounds may exist for omitting an answer to a question applicable to a taxpayer.

Answer 3

a. The information is not readily available and the answer is not significant in terms of taxable income or loss, or the tax liability shown on the return.
b. Genuine uncertainty exists regarding the meaning of the question in relation to the particular return.
c. The answer to the question is voluminous; in such cases, a statement should be made on the return that the data will be supplied upon examination.