Any preparer who endorses or otherwise negotiates a refund check issued to a taxpayer for a return or claim for refund prepared by the preparer is subject, with respect to each such check, to a penalty of:
A) $25
B) $50
C) $100
D) $500

Question

Quizplus · Accepted Answer

A preparer is subject to a penalty of $500 if the preparer endorses or otherwise negotiates a refund check issued to a taxpayer for a return or claim for refund prepared by the preparer.

Any Preparer Who Endorses or Otherwise Negotiates a Refund Check