Child Tax Credit and Other Dependents Credit - Updated for 2024
SKU: 06-416-01-CPE
Credit Hours: 1
CPE Category: Taxes
CE Category: Federal Tax
Delivery Method: Online Video
Instructor: Jason Dinesen, LPA, EA
Course Description:
This course covers the child tax credit (CTC) and the other dependents credit (ODC). The training covers all requirements for the credits, how to distinguish refundable vs. non-refundable portions of the credits, as well as aspects unique to the child tax credit and refundability.
This course will cover the following topics:
- Identify the difference between CTC and ODC
- Understand refundable vs. non-refundable credits
- Understand how the refundable portion of the CTC works
- Apply the AGI phaseouts to the credits
- Understand Form 8867 due diligence requirements