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Course name
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Tax Benefits for Parents of Children
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Recommended CPE credit
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10 CPE hours - CPE credit calculated as 100% of total study time (50 minute hour)
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Level/ Prerequisite
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Basic / None
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Number of final exam questions
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50
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Interactive review questions?
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Yes
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Course format:
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Self study
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Reference text:
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IRS Publication 503 - Child and Dependent Care Expenses
IRS Publication 929 - Tax Rules for Children and Dependents
IRS Publication 972 - Child Tax Credit
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Course last updated:
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April 17, 2010
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Subject classification:
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Taxation
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Learning objectives:
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Understand:
- the qualifications to claim the credit for child and dependent care expenses
- the employment tax rules for household employers
- the qualifications to claim the child tax credit
- how to figure and claim the credits
- rules for filing requirements for children
- tax on children's investment income
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