myCPE
myCPE

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

Dec 23, 2024, 03:00 PM ET

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
  • Attend the live interactive session
  • 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. 

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

Enter your qualification details to ensure this course is counted toward your compliance.

Add your qualification details to easily track your compliance. You can also add multiple qualifications for comprehensive coverage.

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

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

rating rating rating rating rating
1,824 ratings

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.

Recommended Courses

Sales and Use Tax Primer

Dec 13, 12:30 PM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
AMT Reporting and Form 6251 in 2024

Dec 13, 01:00 PM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • CPA/PFS
  • ChFC
  • Maryland Tax Preparer
  • FSCP
  • CASL
  • ChSNC
  • RICP
  • WMCP
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Roth Conversions

Dec 13, 02:00 PM ET

  • AFSP
  • CRTP
  • CFP® (US)
  • CPA (US)
  • CFA
  • EA
  • ORTP
  • CPA/PFS
  • TEP
  • ChFC
  • CLU
  • CSA
  • Maryland Tax Preparer
  • CPFA/QPFC
  • FSCP
  • CASL
  • ChSNC
  • RICP
  • WMCP
  • CFIRS
  • CWS
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
  • CAP
Tax Treatment of Cannabis Retailers & Manufacturers in 2024-25

Dec 13, 03:30 PM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Passive Activities & Rental Real Estate Income Tax Issues

Dec 16, 09:00 AM ET

  • AFSP
  • CRTP
  • CFP® (US)
  • CPA (US)
  • CFA
  • EA
  • ORTP
  • CPA/PFS
  • TEP
  • ChFC
  • CSA
  • Maryland Tax Preparer
  • CPFA/QPFC
  • FSCP
  • CASL
  • ChSNC
  • RICP
  • WMCP
  • CIPM
  • CFIRS
  • CWS
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Annual Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065)

Dec 16, 09:00 AM ET

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
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

Add qualification to
view credit details

This course is included with,

Individual Subscription

Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:

  • 13,000+ Hours of NASBA-Approved Content
  • 500+ Emerging Subject Areas
  • 50+ State- Specific Ethics Courses
  • 100+ Conferences with Access to Industry Events
  • 250+ FastTrack Compliance Packages

    Pre-selected courses for quick compliance

  • Exclusive Mobile App Access
  • Access to Professional Communities

    Connect with like-minded professionals on Teams.

Trusted by 250,000+ Professionals

trust pilot review google review
Unlimited Access

Ready to Get Started?

Sign up today and begin your learning journey immediately!

card
stripe
$299$199 For 12 Months
Subscribed
Robert purchased a subscription.
Subscribed
Matthew purchased a subscription.
Subscribed
johanne purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Ali purchased a subscription.
Subscribed
Russ purchased a subscription.
Subscribed
Bernard purchased a subscription.
Subscribed
Pablo purchased a subscription.
Subscribed
William purchased a subscription.
Subscribed
Cedric purchased a subscription.
Subscribed
George purchased a subscription.
Subscribed
Lilia purchased a subscription.
Subscribed
Rachel purchased a subscription.
Subscribed
Phillip purchased a subscription.
Subscribed
tracy purchased a subscription.
Subscribed
Stanley purchased a subscription.
Subscribed
Greg purchased a subscription.
Subscribed
Dev purchased a subscription.
Subscribed
Wendy purchased a subscription.
Subscribed
Cynthia purchased a subscription.
Subscribed
Kosuke purchased a subscription.
Subscribed
Shanna purchased a subscription.
Subscribed
Jaclyn purchased a subscription.
Subscribed
Nick purchased a subscription.
Subscribed
Adam purchased a subscription.
Subscribed
Troy purchased a subscription.
Subscribed
Matthew purchased a subscription.
Subscribed
Juan purchased a subscription.
Subscribed
Aaron purchased a subscription.
Subscribed
Stephen purchased a subscription.
Subscribed
Peter purchased a subscription.
Subscribed
Darren purchased a subscription.
Subscribed
Bryce purchased a subscription.
Subscribed
JEANNE purchased a subscription.
Subscribed
Sanjesh purchased a subscription.
Subscribed
Aaron purchased a subscription.
Subscribed
Parvathy purchased a subscription.
Subscribed
Jakia purchased a subscription.
Subscribed
Audrey purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Stephanie purchased a subscription.
Subscribed
Chitabala purchased a subscription.
Subscribed
JAMES purchased a subscription.
Subscribed
Charlotte purchased a subscription.
Subscribed
MINERVA M. purchased a subscription.
Subscribed
Kelly purchased a subscription.
Subscribed
Rawabi purchased a subscription.
Subscribed
Tom purchased a subscription.
Subscribed
Karen purchased a subscription.
Subscribed
Kathryn purchased a subscription.
Subscribed
Tracy purchased a subscription.
Subscribed
Jenni purchased a subscription.
Subscribed
Grant purchased a subscription.
Subscribed
Amanda purchased a subscription.
Subscribed
JOHN purchased a subscription.
Subscribed
Rongtai purchased a subscription.
Subscribed
Nancy purchased a subscription.
Subscribed
Patricia purchased a subscription.
Subscribed
Amma purchased a subscription.
Subscribed
Ilse purchased a subscription.
Subscribed
Frederick purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Paige purchased a subscription.
Subscribed
Daniel purchased a subscription.
Subscribed
Shankha purchased a subscription.
Subscribed
Dan purchased a subscription.
Subscribed
Evan purchased a subscription.
Subscribed
Priya purchased a subscription.
Subscribed
Sarah purchased a subscription.
Subscribed
Patricia purchased a subscription.
Subscribed
Grant purchased a subscription.
Subscribed
Michelle purchased a subscription.
Subscribed
Jacob purchased a subscription.
Subscribed
THAO purchased a subscription.
Subscribed
Kathie purchased a subscription.
Subscribed
Reginald purchased a subscription.
Subscribed
Susan purchased a subscription.
Subscribed
GUL purchased a subscription.
Subscribed
Morgan purchased a subscription.
Subscribed
Nathan purchased a subscription.
Subscribed
Karen purchased a subscription.
Subscribed
Kerry purchased a subscription.
Subscribed
Cindy purchased a subscription.
Subscribed
Colleen purchased a subscription.
Subscribed
Kimberly Anne purchased a subscription.
Subscribed
sangseob purchased a subscription.
Subscribed
Theresa purchased a subscription.
Subscribed
Darlene purchased a subscription.
Subscribed
joseph purchased a subscription.
Subscribed
MICHELLE purchased a subscription.
Subscribed
Mark purchased a subscription.
Subscribed
Ed purchased a subscription.
Subscribed
Ned purchased a subscription.
Subscribed
Susan purchased a subscription.
Subscribed
Saipadmapriya purchased a subscription.
Subscribed
Anthony purchased a subscription.
Subscribed
MUTAZ purchased a subscription.
Subscribed
Daniel purchased a subscription.
Subscribed
Janet purchased a subscription.
Subscribed
Kannan Babu purchased a subscription.