myCPE
myCPE

All Courses, One Price. Unlimited Access and Many Benefits.

Subscribe $199

April Accelerate Sale 2024 : 67% Savings on Subscription. Offer Ends Soon! April Accelerate Sale 2024 :
67% Savings on Subscription. Offer Ends Soon!
00hrs : 00min : 00sec

View Offer

Dependents, Child Tax Credit, and Head of Household Filing Status 2.5 Credits

Dependents, Child Tax Credit, and Head of Household Filing Status 2.5 Credits

  • Rating

    4.7
  • Reviewed on

    November, 2023
  • Subject Area

    Taxes

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Answer the polling questions
  • Get your certificate

Dec 23, 2024 | 03:00 PM ET

Learning Objective

  • To apply the five rules for claiming someone as a qualifying child.
  • To discuss the four rules for claiming someone as a qualifying relative.
  • To analyze the tax benefits associated with each type of dependent.
  • To review filing status options and when to apply them.
  • To comply with tax preparer due diligence.
  • To explain issues related to dependents, child tax credit, and head of household tax benefits to their clients.

Course Overview

Are you navigating the maze of tax laws, dependents, and credits with a sense of confusion?

This CPE Webinar provides a comprehensive overview of tax dependents, credits, and filing statuses. So, who qualifies as a dependent, and what's the difference between a qualifying child and a qualifying relative? Dive into this document to uncover the answers. We'll explore the intricate world of multiple support agreements and break down the ins and outs of tax credits, including the coveted child tax credit and other dependents credit, shedding light on eligibility, phaseouts, and refundable portions.

But that's not all! Our two-hour webinar takes a deep dive into the intricacies of dependent qualifications based on the latest tax laws. You'll gain valuable insights into the proper application of the child tax credit and harness the power of real-world case studies to master this critical aspect of tax preparation. And when it comes to the often puzzling head of household filing status, we've got you covered. Real-life client scenarios will guide you through the qualification process, ensuring you're well-equipped to navigate this complex terrain.

We'll discuss Form 8867 and underscore the importance of meticulous record-keeping, providing you with the tools to demonstrate tax preparer due diligence and steer clear of penalties. So, are you ready to demystify the world of tax dependents and credits? Join us on this enlightening journey!

Key topics covered in this course:

  • Dependents in General, and SSNs
  • Qualifying Child Tests, and Tax Benefits
  • Multiple Support Agreements, and Divorce
  • Form 8332, Form 8867
  • Splitting Tax Benefits, and Penalties

Join this CE Tax Course to gain the knowledge and confidence needed to navigate the intricate landscape of tax dependents, credits, and filing statuses, ensuring you maximize your tax benefits while staying compliant with the latest tax laws.

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. 

  • 2.5 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
  • 2.5 General Credit of Taxes for Accountant/Bookkeeper/Tax Professionals
  • 2 CE Credit of Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01727-23-S)
  • 2 CE Credit of Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01727-23-S)
  • 2 CE Credit of Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1376)
  • 2.5 CPD Credit of Taxes for Personal Financial Specialist (PFS)
  • 2.5 CE Credit of Taxes for Chartered Financial Consultant (ChFC)
  • 2 CE Credit of Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01727-23-S)
  • 2 CE Credit of Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01727-23-S)
  • 2.5 CE Credit of Taxes for Retirement Income Certified Professional (RICP)
  • 2 CE Credit of Federal tax-related matters for LTC (Approval No. GEHNZ-T-01727-23-S)
  • 2.5 CE Credit of Taxes for Financial Services Certified Professional (FSCP)
  • 2.5 CE Credit of Taxes for Wealth Management Certified Professional (WMCP)
  • 2.5 CPE Credit of Taxes for Iowa Licensed Public Accountant (IA-LPA)
  • 2.5 CE Credit of Taxes for Chartered Advisor in Senior Living (CASL)
  • 2.5 CPE Credit of Taxes for Delaware Licensed Public Accountant (DE-LPA)
  • 2.5 CPE Credit of Taxes for Maine Licensed Public Accountant (ME-LPA)
  • 2.5 CE Credit of Taxes for Chartered Special Needs Consultant (ChSNC)

  • 2 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
  • 2 General Credit of Taxes for Accountant/Bookkeeper/Tax Professionals
  • 2 CE Credit of Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01727-23-O)
  • 2 CE Credit of Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01727-23-O)
  • 2 CE Credit of Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1376)
  • 2 CPD Credit of Taxes for Personal Financial Specialist (PFS)
  • 2 CE Credit of Taxes for Chartered Financial Consultant (ChFC)
  • 2 CE Credit of Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01727-23-O)
  • 2 CE Credit of Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01727-23-O)
  • 2 CE Credit of Taxes for Retirement Income Certified Professional (RICP)
  • 2 CE Credit of Federal tax-related matters for LTC (Approval No. GEHNZ-T-01727-23-O)
  • 2 CE Credit of Taxes for Financial Services Certified Professional (FSCP)
  • 2 CE Credit of Taxes for Wealth Management Certified Professional (WMCP)
  • 2 CE Credit of Taxes for Chartered Advisor in Senior Living (CASL)
  • 2 CPE Credit of Taxes for Iowa Licensed Public Accountant (IA-LPA)
  • 2 CPE Credit of Taxes for Delaware Licensed Public Accountant (DE-LPA)
  • 2 CE Credit of Taxes for Chartered Special Needs Consultant (ChSNC)
  • 2 CPE Credit of Taxes for Maine Licensed Public Accountant (ME-LPA)

Additional Information

Credits

2.5

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.

About Instructor

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.

Ratings and Review

4.7

Excellent

Very Good

Average

Poor

Terrible

SS

Shawn Sawyer, CPA (US)

I feel that this course helped me to review and understand the rules for dependents and the credits and filing status. Also, I appreciate the presenter highlighting the importance of due diligence.

SW

Stephani Wagenschein, CPA (US)

I find Jason Dinesen's courses to be detailed and helpful. I do have a few questions from the exam to follow-up on - as the terms child and dependent are tricky in this course.

Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    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 - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive
mobile app for
our unlimited access
subscribers

10 mins ago. Subscribed
Max purchased a subscription.
10 mins ago. Subscribed
Yuriy purchased a subscription.
11 mins ago. Subscribed
Alice purchased a subscription.
11 mins ago. Subscribed
Angela purchased a subscription.
4 mins ago. Subscribed
Ryan purchased a subscription.
7 mins ago. Subscribed
Jessica purchased a subscription.
3 mins ago. Subscribed
TOYOMI purchased a subscription.
3 mins ago. Subscribed
Sara purchased a subscription.
13 mins ago. Subscribed
Sandra purchased a subscription.
10 mins ago. Subscribed
Pavan purchased a subscription.
3 mins ago. Subscribed
Michael purchased a subscription.
11 mins ago. Subscribed
HEIDI purchased a subscription.
14 mins ago. Subscribed
Charles purchased a subscription.
8 mins ago. Subscribed
Francisco purchased a subscription.
13 mins ago. Subscribed
Krystal purchased a subscription.
14 mins ago. Subscribed
Rosa purchased a subscription.
14 mins ago. Subscribed
Jennifer purchased a subscription.
10 mins ago. Subscribed
Margot purchased a subscription.
9 mins ago. Subscribed
Nicole purchased a subscription.
11 mins ago. Subscribed
Michael purchased a subscription.
14 mins ago. Subscribed
Peter Wing Kit purchased a subscription.
5 mins ago. Subscribed
Kathy purchased a subscription.
3 mins ago. Subscribed
Melissa purchased a subscription.
4 mins ago. Subscribed
Malia purchased a subscription.
11 mins ago. Subscribed
Andy purchased a subscription.
8 mins ago. Subscribed
Ankit purchased a subscription.
9 mins ago. Subscribed
Stephanie purchased a subscription.
8 mins ago. Subscribed
Ryan purchased a subscription.
4 mins ago. Subscribed
BERT purchased a subscription.
11 mins ago. Subscribed
Whitley purchased a subscription.
12 mins ago. Subscribed
Kelly purchased a subscription.
9 mins ago. Subscribed
Carol purchased a subscription.
15 mins ago. Subscribed
Alli purchased a subscription.
11 mins ago. Subscribed
Niels Holger purchased a subscription.
10 mins ago. Subscribed
Rachelle purchased a subscription.
3 mins ago. Subscribed
Susan purchased a subscription.
14 mins ago. Subscribed
Shana purchased a subscription.
6 mins ago. Subscribed
Janet purchased a subscription.
15 mins ago. Subscribed
Lynette purchased a subscription.
11 mins ago. Subscribed
nashawna purchased a subscription.
5 mins ago. Subscribed
Larry purchased a subscription.
9 mins ago. Subscribed
Boyong purchased a subscription.
11 mins ago. Subscribed
Isis purchased a subscription.
9 mins ago. Subscribed
Merlyn purchased a subscription.
15 mins ago. Subscribed
Adrienne purchased a subscription.
6 mins ago. Subscribed
EDWARD purchased a subscription.
11 mins ago. Subscribed
Kimberly purchased a subscription.
9 mins ago. Subscribed
Amanda purchased a subscription.
4 mins ago. Subscribed
Betty purchased a subscription.
11 mins ago. Subscribed
Maria purchased a subscription.
14 mins ago. Subscribed
Fitsum Kebede purchased a subscription.
14 mins ago. Subscribed
Michael purchased a subscription.
10 mins ago. Subscribed
Tracee purchased a subscription.
3 mins ago. Subscribed
Eugene purchased a subscription.
2 mins ago. Subscribed
Doug purchased a subscription.
11 mins ago. Subscribed
Varsha purchased a subscription.
2 mins ago. Subscribed
MARSHA purchased a subscription.
6 mins ago. Subscribed
Austin purchased a subscription.
14 mins ago. Subscribed
santo purchased a subscription.
6 mins ago. Subscribed
Richard purchased a subscription.
12 mins ago. Subscribed
Joseph purchased a subscription.
7 mins ago. Subscribed
Shubham purchased a subscription.
7 mins ago. Subscribed
Daniel purchased a subscription.
11 mins ago. Subscribed
George purchased a subscription.
12 mins ago. Subscribed
Ross purchased a subscription.
15 mins ago. Subscribed
Eveline purchased a subscription.
4 mins ago. Subscribed
Jackie purchased a subscription.
9 mins ago. Subscribed
Nino purchased a subscription.
4 mins ago. Subscribed
Mackenzie purchased a subscription.
12 mins ago. Subscribed
June purchased a subscription.
10 mins ago. Subscribed
Cheryl purchased a subscription.
14 mins ago. Subscribed
Paz Coup Derek purchased a subscription.
13 mins ago. Subscribed
Anne purchased a subscription.
5 mins ago. Subscribed
Donna purchased a subscription.
14 mins ago. Subscribed
Judi purchased a subscription.
5 mins ago. Subscribed
Brett purchased a subscription.
4 mins ago. Subscribed
Aimee purchased a subscription.
5 mins ago. Subscribed
Katie purchased a subscription.
7 mins ago. Subscribed
Robert purchased a subscription.
9 mins ago. Subscribed
Christian purchased a subscription.
7 mins ago. Subscribed
Nathaniel purchased a subscription.
9 mins ago. Subscribed
Karla purchased a subscription.
13 mins ago. Subscribed
Kah Ann purchased a subscription.
3 mins ago. Subscribed
Jessica purchased a subscription.
4 mins ago. Subscribed
Lorrie purchased a subscription.
10 mins ago. Subscribed
Teresa purchased a subscription.
4 mins ago. Subscribed
Janice purchased a subscription.
10 mins ago. Subscribed
Misha purchased a subscription.
4 mins ago. Subscribed
Robyn purchased a subscription.
4 mins ago. Subscribed
Tilo purchased a subscription.
13 mins ago. Subscribed
Chaela purchased a subscription.
3 mins ago. Subscribed
Joel purchased a subscription.
13 mins ago. Subscribed
Jon purchased a subscription.
12 mins ago. Subscribed
Thomas purchased a subscription.
4 mins ago. Subscribed
Joe purchased a subscription.
12 mins ago. Subscribed
MAry Ellen purchased a subscription.
4 mins ago. Subscribed
CYNTHIA purchased a subscription.
5 mins ago. Subscribed
Jennifer purchased a subscription.
4 mins ago. Subscribed
David purchased a subscription.
15 mins ago. Subscribed
Bashir purchased a subscription.