Tax Credits - Family & Dependent Tax Credits
5.0 (6 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
2,376 students enrolled

Tax Credits - Family & Dependent Tax Credits

Earned income tax credit, child tax credit, child & dependent care credit, credit for elderly or the disabled, Adoption
5.0 (6 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
2,376 students enrolled
Last updated 2/2019
English
English [Auto]
Current price: $139.99 Original price: $199.99 Discount: 30% off
23 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 14.5 hours on-demand video
  • 6 articles
  • 100 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
Training 5 or more people?

Get your team access to 4,000+ top Udemy courses anytime, anywhere.

Try Udemy for Business
What you'll learn
  • Earned Income Tax Credit
  • Child Tax Credit
  • Child & Dependent Care Tax Credit
  • Credit for Elderly or the Disabled
  • Adoption Tax Credit
  • Other Dependents Credit
Requirements
  • None
Description

Family & dependent tax credits in 2018 including the earned income tax credit, child tax credit, child & dependent care tax credit, other dependents tax credit, credit for elderly or the disabled, and adoption tax credit.

This course will provide a detailed look at these tax credits, including a discussion of the amount of the tax credits and the qualifications to take the tax credits.

We will use tax software and forms to show how the tax credits are input into the tax forms and to test variations in qualifications for the tax credits including income limitations. Using tax software to experiment with different scenarios is a very effective way to learn about how tax credits actually operate.

For example, running tax scenarios using tax software is the only way most people will be able to see clearly the difference between the child tax credit (CTC) and the additional child tax credit (ACTC). Running tax scenarios can also help us understand how the child tax credit (CTC), additional child tax credit (ACTC), and earned income tax credit (EIC) will work as income levels and the number of children is adjusted.

We will provide PDF files that can be downloaded and used as references without an internet connection.

The course will also provide PDF documents of relevant publications and forms.

Who this course is for:
  • Anybody who wants to save on taxes
  • Tax professionals
Course content
Expand all 197 lectures 14:14:49
+ Earned Income Tax Credit
59 lectures 05:22:21
Documents to Download for Reference
00:01
PDF - 205 What is The Earned Income Credit
00:08
PDF - 207 To Take The EIC Steps
00:08
207 To Take The EIC Steps
34:10
PDF - 210 Can I claim the Earned Income Credit
00:08
210 Can I claim the Earned Income Credit
11:12
PDF - 217 Do I have To Have A Child
00:08
217 I have To Have A Child
03:18
PDF - 219 Help From IRS
00:08
PDF - 220 What is New
00:08
PDF - 223 Rules for Everyone 7 Rules Overview
00:08
223 Rules for Everyone 7 Rules Overview
02:47
PDF - 226 Adjusted Gross Income (AGI) Limits
00:08
PDF - 229 Must Have Valid Social Security Number
00:08
229 Must Have Valid Social Security Number
07:07
PDF - 232 Filing Status Cannot be Married Filing Spar
00:08
232Filing Status Cannot be Married Filing Sparely MF
05:28
PDF - 235 Must Be A US Citizen or Resident Alien All
00:08
235 Must Be A US Citizen or Resident Alien All Year
02:10
PDF - 238 Cannot File Form 2555 Or Form 2555-EZ
00:08
238 Cannot File Form 2555 Or Form 2555-EZ
02:06
PDF - 241 Investment Income Must Be 3,500 or Less
00:08
241 Investment Income Must Be 3,500 or Less
06:05
PDF - 245 Must Have Earned Income
00:08
245 Must Have Earned Income
23:13
PDF - 248 Rules If You Have A Qualifying Child
00:08
248 Rules If You Have A Qualifying Child
04:20
PDF - 251 Special Instructions—EIC Worksheets
00:08
251Special Instructions—EIC Worksheets
06:59
PDF - 252 Your Child Must Meet the Relationship, Age,
00:08
252 Your Child Must Meet the Relationship, Age, Resid
01:12
PDF - 253 (EIC) Relationship Test
00:08
253 Relationship Test
04:53
PDF - 254 Schedule EIC
00:08
254 Schedule EIC
03:11
PDF - 256 Age Test
00:08
256 Age Test
12:00
PDF - 258 Residency Test
00:08
258 Residency Test
08:12
PDF - 259 Joint Return Test
00:08
259 Earned Income Credit (EIC) Joint Return Test
04:55
PDF - 260 EIC Eligibility Checklist
00:08
260 EIC Eligibility Checklist
08:22
PDF - 266 Qualifying Child Cannot Be Used by More Tha
00:08
266 Qualifying Child Cannot Be Used by More Than One
33:10
PDF - 287 2018 Earned Income Credit (EIC) Table
00:08
287 2018 Earned Income Credit (EIC) Table
05:09
289 Tax Software Example Earned Income Credit EIC Income Level Tests HOH O
13:02
291 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Two Chi
12:23
292 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Three C
14:21
293 Tax Software Example Earned Income Credit EIC Income Level Tests MFJ
22:25
293 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios E
21:34
294 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios U
21:28
Accounting Comic Break
00:13
+ Child Tax Credit
37 lectures 03:15:35
3 Child Tax Credit
02:15
Documents to Download for Reference
00:01
PDF - 425 Child Tax Credit What’s New
00:08
425 Child Tax Credit What’s New
11:36
PDF - 430 Child Tax Credit Amount of Credit
00:08
430 Child Tax Credit Amount of Credit
11:09
PDF - 435 Tax Software Child Tax Credit Tax Software Simple Example
00:08
435 Tax Software Child Tax Credit Tax Software Simple Example
10:02
PDF - 437 Software Example Simple Wage Limits
00:08
437 Software Example Simple Wage Limits
12:41
PDF - 440 Child Tax Credit Improper Claims
00:08
440 Child Tax Credit Improper Claims
05:12
PDF - 445 Child Tax Credit Qualified Child
00:08
445 Child Tax Credit Qualified Child
09:34
PDF - 450 Tax Software Child Tax Credit Qualified Child
00:08
450 Tax Software Child Tax Credit Qualified Child
06:22
PDF - 455 Child Tax Credit How To Claim
00:08
455 Child Tax Credit How To Claim
07:44
PDF - 460 Child Tax Credit Additional Child Tax Credit
00:08
460 Child Tax Credit Additional Child Tax Credit
08:08
PDF - 462 Tax Software Child Tax Credit Additional Child Tax Credit
00:08
462 Tax Software Child Tax Credit Additional Child Tax Credit
19:55
PDF - 465 Child Tax Credit Worksheet
00:08
465 Child Tax Credit Worksheet
04:19
PDF - 470 Child Tax Credit How to Get Help
00:08
470 Child Tax Credit How to Get Help
08:23
PDF - 480 Child Tax Credit Questioner
00:08
480 Child Tax Credit Questioner
13:22
PDF - 485 Child Tax Credit Adopted Child
00:08
485 Child Tax Credit Adopted Child
02:53
PDF - 490 Child Tax Credit Adopted Child
00:08
490 Child Tax Credit Adopted Child
14:22
PDF - 492 Child Tax Credit Qualifying child of more than one person
00:08
492 Child Tax Credit Qualifying child of more than one person
16:18
492 Tax Software Child Tax Credit Married Divorced Even Income
19:24
494 Tax Software Child Tax Credit Married Divorced Uneven Income
09:35
Accounting Comic Break
00:12
+ Other Dependents Credit
25 lectures 01:01:45
4 Other Dependents Credit
02:05
Documents to Download for Reference
00:01
PDF - 505 Credit for Other Dependents (ODC)
00:08
505 Credit for Other Dependents (ODC)
02:25
PDF - 508 Qualifying Person for Credit for Other Dependents (ODC)
00:08
508 Qualifying Person for Credit for Other Dependents (ODC)
02:31
PDF - 516 Dependents
00:08
516 Dependents
03:36
PDF - 520 Dependent Taxpayer Test
00:08
520 Dependent Taxpayer Test
01:14
PDF - 523 Joint Return Test
00:08
523 Joint Return Test
04:17
PDF - 524 Citizen or Resident Test
00:08
524 Citizen or Resident Test
02:28
PDF - 526 Qualifying Relative
00:08
526 Qualifying Relative
01:34
PDF - 529 Not a Qualifying Child Test
00:08
529 Not a Qualifying Child Test
08:02
PDF - 532 Member of Household or Relationship Test
00:08
532 Member of Household or Relationship Test
07:19
PDF - 536 Gross Income Test
00:08
536 Gross Income Test
04:23
PDF - 539 Support Test (To Be a Qualifying Relative)
00:08
539 Support Test (To Be a Qualifying Relative)
20:01
Accounting Comic Break
00:21
+ Child & Dependent Care Credit
41 lectures 02:59:07
5 Child & Dependent Care Credit
00:54
Documents to Download for Reference
00:01
PDF - 705 Can I Claim The Credit
00:08
705 Can I Claim The Credit
09:28
PDF - 710 Who is a Qualifying Person
00:08
710 Who is a Qualifying Person
13:38
PDF - 712 Tax Software Who is a Qualifying Person
00:08
712 Tax Software Who is a Qualifying Person
03:53
PDF - 715 You Must Have Earned Income
00:08
715 You Must Have Earned Income
12:54
PDF - 717 Tax Software You Must Have Earned Income
00:08
717 Tax Software You Must Have Earned Income
08:03
PDF - 720 Flow Chart Can You Claim The Credit
00:08
720 Flow Chart Can You Claim The Credit
05:00
PDF - 723 Are These Work-Related Expenses
00:08
723 Are These Work-Related Expenses
09:49
PDF - 726 Care of Qualifying Person
00:08
726 Care of Qualifying Person
09:58
PDF - 729 Household Services
00:08
729 Household Services
06:07
PDF - 732 What’s Your Filing Status
00:08
732 What’s Your Filing Status
08:40
PDF - 735 Care Provider Identification Test
00:08
735 Care Provider Identification Test
08:33
PDF - 738 How To Figure the Credit
00:08
738 How To Figure the Credit
13:51
PDF - 741 Earned Income Limit
00:08
741 Earned Income Limit
17:00
PDF - 744 Dollar Limit
00:08
744 Dollar Limit
04:29
749 Reduced Dollar Limit
00:08
749 Reduced Dollar Limit
06:39
PDF - 752 Amount of Credit
00:08
752 Amount of Credit
08:54
PDF - 755 How to Claim the Credit
00:08
755 How to Claim the Credit
08:05
PDF - 758 Household Employees
00:08
758 Household Employees
08:30
PDF - 760 Tax Software For 2441 Examples
00:08
760 Tax Software For 2441 Examples
11:49
Accounting Comic Break
00:20
+ Credit for Elderly or the Disabled
17 lectures 37:48
6 Credit for Elderly or the Disabled
00:27
Documents to Download for Reference
00:01
PDF - 905 Are You Eligible for the Credit
00:08
905 Are You Eligible for the Credit
03:20
PDF - 908 Qualified Individual
00:08
908 Qualified Individual
05:34
PDF - 911 U.S. Citizen or Resident Alien
00:08
911 U.S. Citizen or Resident Alien
02:05
PDF - 914 Married Persons
00:08
914 Married Persons
03:45
PDF - 917 Under Age 65
00:08
917 Under Age 65
11:38
PDF - 921 Income Limits
00:08
921 Income Limits
03:56
PDF - 927 Tax Software Example of Sch R Calculation
00:08
927 Tax Software Example of Sch R Calculation
05:53
Accounting Comic Break
00:13
+ Adoption Credit
17 lectures 53:19
7 Adoption Credit
00:26
Documents to Download for Reference
00:01
PDF - 955 Adoption Credit Overview
00:08
955 Adoption Credit Overview
07:15
PDF - 958 Adoption Credit What's New
00:08
958 Adoption Credit What's New
01:40
PDF - 961 Purpose of Form
00:08
961 Purpose of Form
09:41
PDF - 964 Definitions
00:08
964 Definitions
02:05
PDF - 967 Employer-Provided Adoption Benefits
00:08
967 Employer-Provided Adoption Benefits
18:46
PDF - 971 Who Can Take the Adoption Credit or Exclude Employer-Provided Adoptio
00:08
971 Who Can Take the Adoption Credit or Exclude Employer-Provided Adoption Bene
03:56
PDF - 974 When To Take the Credit or Exclusion
00:08
974 When To Take the Credit or Exclusion
08:20
Accounting Comic Break
00:13