Tax Credits - Family & Dependent Tax Credits

IEM Daily       November 18, 2022   

Earned income tax credit, child tax credit, child & dependent care credit, credit for elderly or the disabled, Adoption

Platform: Udemy
Status: Available
Duration: 20.5 Hours

Price: $84.99 $0.00

Note: Udemy FREE coupon codes are valid for maximum 3 days only. Look for "Get Coupon" orange button at the end of Description. This post may have affiliate link & we may get small commission if you make a purchase.

Notice for Our Visitors in INDIA:

If Udemy Coupon is 100% OFF but it is not FREE when you go to Udemy Website, please follow the below instructions to make it work. This is mainly affecting visitors that has INDIA as a Country of Residence in their profile in Udemy.

Steps:

1. Use VPN (Virtual Private Network) & Select Another Country like USA.

2. Clear udemy.com website cookies from your browser or You can also use incognito mode or different browser like Opera which has inbuilt VPN.

3. After making a VPN Connection, Create a new Udemy Account.

4. Then go to your desired Course Page & Apply Coupon.

5. If the Coupon is successfully applied, then Continue the process & Enter the VPN Country.

6. Enjoy your Free Course!

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