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myCPE

Daycare Credit: Form 2441 2 Credits

Daycare Credit: Form 2441 2 Credits

  • Rating

    4.6
  • Published on

    February, 2024
  • Subject Area

    Taxes

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  • Get your certificate
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  • Answer the polling questions
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Learning Objective

  • To discuss common limitations and exclusions associated with dependent care credits.
  • To analyze and effectively compute dependent care credits for both typical and complex scenarios.
  • To demonstrate proficiency in filling out Form 2441 accurately to claim the credits.
  • To discuss and develop confidence in communicating the requirements and intricacies of dependent care credits with clients.
  • To explain the eligibility criteria for claiming the Child and Dependent Care Credit on Form 2441 and navigate optional methods for self-employed taxpayers.

Course Overview

Are you ready to tackle the complexities of Form 2441 for Child and Dependent Care Credits on the 1040 Tax Return? Join us for an in-depth webinar designed to demystify this commonly utilized credit for our clients. While the form may seem straightforward at first glance, navigating its intricacies becomes essential, especially when our clients lead multifaceted lives. In this webinar, we'll delve into the nuances of completing Form 2441, exploring various scenarios and case studies that shed light on credit calculations and common client complications.

Led by seasoned tax consultant Jason Dinesen, this course promises to be an invaluable learning experience. Gain practical insights into determining eligibility criteria, understanding qualifying persons, and calculating earned income—all vital components of accurately completing Form 2441. Through real-life examples and hands-on exercises, you'll sharpen your skills and develop a deeper understanding of how to maximize tax benefits for your clients.

Major Topics:

  • Define dependent care expenses
  • Identify the qualifying criteria for a dependent person
  • List qualifying expenses
  • Receipt of dependent care benefits from an employer
  • Special issues of married filing separately
  • Case Studies and Examples Throughout
  • Form 2441 Overview

Whether you're a seasoned tax professional or new to the field, this CE Tax webinar is tailored to enhance your proficiency in handling Form 2441 effectively. Stay ahead in the ever-evolving world of tax consulting by joining us for this engaging session. Register now and equip yourself with the knowledge and strategies needed to navigate the complexities of child and dependent care credits with confidence. Don't miss out on this opportunity to elevate your expertise and better serve your clients' needs.

On Demand Credits for All Qualifications

Nano Credits for All Qualifications

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 2 CPE Approved
Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1494) 2 CE Approved
Personal Financial Specialist (PFS) 2 CPD Eligible
Taxes for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Chartered Financial Consultant (ChFC) 2 CE Eligible
Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Tax Planning for Certified Financial Planner (CFP-US) (Approval No. 332205) (Valid upto : Dec 31, 2025) 2 CE Approved
Retirement Income Certified Professional (RICP) 2 CE Eligible
Federal tax-related matters for LTC (Approval No. GEHNZ-T-01872-24-S) 2 CE Eligible
Wealth Management Certified Professional (WMCP) 2 CE Eligible
Financial Services Certified Professional (FSCP) 2 CE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Taxes for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Chartered Special Needs Consultant (ChSNC) 2 CE Eligible
Chartered Advisor in Senior Living (CASL) 2 CE Eligible
License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 2 CPE Approved
Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1494) 2 CE Approved
Personal Financial Specialist (PFS) 2 CPD Eligible
Taxes for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Chartered Financial Consultant (ChFC) 2 CE Eligible
Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Tax Planning for Certified Financial Planner (CFP-US) (Approval No. 332205) (Valid upto : Dec 31, 2025) 2 CE Approved
Retirement Income Certified Professional (RICP) 2 CE Eligible
Federal tax-related matters for LTC (Approval No. GEHNZ-T-01872-24-S) 2 CE Eligible
Wealth Management Certified Professional (WMCP) 2 CE Eligible
Financial Services Certified Professional (FSCP) 2 CE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Taxes for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Chartered Special Needs Consultant (ChSNC) 2 CE Eligible
Chartered Advisor in Senior Living (CASL) 2 CE Eligible
License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 2 CPE Approved
Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1494) 2 CE Approved
Personal Financial Specialist (PFS) 2 CPD Eligible
Taxes for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Chartered Financial Consultant (ChFC) 2 CE Eligible
Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Tax Planning for Certified Financial Planner (CFP-US) (Approval No. 332205) (Valid upto : Dec 31, 2025) 2 CE Approved
Retirement Income Certified Professional (RICP) 2 CE Eligible
Federal tax-related matters for LTC (Approval No. GEHNZ-T-01872-24-S) 2 CE Eligible
Wealth Management Certified Professional (WMCP) 2 CE Eligible
Financial Services Certified Professional (FSCP) 2 CE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Taxes for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01872-24-S) 2 CE Approved
Chartered Special Needs Consultant (ChSNC) 2 CE Eligible
Chartered Advisor in Senior Living (CASL) 2 CE Eligible
License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 2 CPE Approved
Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01872-24-O) 2 CE Approved
Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01872-24-O) 2 CE Approved
Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1494) 2 CE Approved
Personal Financial Specialist (PFS) 2 CPD Eligible
Taxes for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Chartered Financial Consultant (ChFC) 2 CE Eligible
Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01872-24-O) 2 CE Approved
Tax Planning for Certified Financial Planner (CFP-US) (Approval No. 332205) (Valid upto : Dec 31, 2025) 2 CE Approved
Retirement Income Certified Professional (RICP) 2 CE Eligible
Federal tax-related matters for LTC (Approval No. GEHNZ-T-01872-24-O) 2 CE Eligible
Wealth Management Certified Professional (WMCP) 2 CE Eligible
Financial Services Certified Professional (FSCP) 2 CE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Taxes for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01872-24-O) 2 CE Approved
Chartered Special Needs Consultant (ChSNC) 2 CE Eligible
Chartered Advisor in Senior Living (CASL) 2 CE Eligible

Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering aintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

Looking to fulfill your Enrolled Agent (EA) Continuing Education (CE) requirements? MY-CPE online Enrolled Agent CE courses are the best for you. Earn EA CE Credits while enhancing your domain knowledge and expertise in diverse tax regulations and practices. Our courses are designed to provide you with the latest updates and deep insights to keep you ahead in your field. With flexible scheduling and a user-friendly platform, MY-CPE offers you a greater convenient and interactive learning experience. Join MY-CPE today and take the next step in advancing your career as an Enrolled Agent. 

About Instructor

Top Tax Speaker | Jason Dinesen | My-CPE
Jason Dinesen , EA

President, Dinesen Tax & Accounting, P.C.

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well known presenter of continuing education courses. He has an impeccable acumen for tax subjects, by virtue of which, he is known to create very well researched course materials helping individuals and businesses with accounting, bookkeeping, tax preparation, and business advisory in various industries.

Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics and much more.

He has presented over dozens of webinars on Form 1099 (MISC & R); marriage in the tax code; tax updates; the new Form W-4, payroll updates, filing status, tax credit and other issues relating to the modern-day household setting.

Moreover, Jason is known to be producing every other webinar/course a little different and updated from the previous one. No wonder, he is a top ranked presenter whose webinars and self-study course materials are very well received by the audience. 

He also teaches 2 classes at Simpson College, Individual Income Tax and Business Analytics. 

Jason was born and raised in Iowa and has a degree in corporate communications from Simpson College in Indianola. He has a big family that includes his wife, two sons, 5 cats and 3 dogs. Jason holds season tickets to University of Iowa football, and enjoys using his chainsaw. Topmost item in his 2022 bucket list is to learn how to properly ‘nose & taste’ whisky.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent

Very Good

Average

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JH

Jeff Hill, AIF
5

This is a very good webinar and Jason has good diction and reinforces the nuances of the tax code. IMO those nuances should not exist, and this part of the tax code needs to be modified to be more fair due to the extreme income inequality in this country. All of this part of the tax code should be indexed to inflation, and there should be a cap on the income calculation so that millionaires and billionaires never get this tax credit!

RP

Ruth Pukini, CPA (US)
5

I really enjoyed this course as I have a family member that i do their tax return. This is the first year they are using an outside day care facility. It opened my eyes to the custodial parent according to divorce papers not stopping them from their rights to the credit.

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