Tax Impact of Having a Child

Note: This course is also included in the Beyond the 1040 course.

Summary

This course explores a variety of tax issues involving children ranging in age 0 to 27. Topics include tax credits available to taxpayers with dependent children; determining eligibility for claiming the dependency exemption; determining when kiddie tax impacts parents and children; and allocating health insurance from the Marketplace.

Objectives

Upon completion of this course, you will be able to:

  • Summarize the tax credits available to taxpayers with dependent children.
  • Determine which taxpayer may claim the dependency exemption for a qualifying child.
  • Summarize the tax credits available to taxpayers with dependent children.
  • Determine how inheritance or court settlements impact children’s reporting requirements
  • Analyze how to allocate health insurance on a family plan from the Marketplace to a nondependent child under 27.

Course Details

  • Interactive review questions
  • This course includes an e-book. CPE is issued after exam is successfully completed.





  •    

    Presented by:

How to Earn CPE

To receive credit for this self-study course, you must successfully pass the course exam with a score of 70% or better.

The course and exam will expire one year from the date of purchase.

Cancellation Policy

​Because this is an online education offering, it is nonrefundable.

eweb keepalive image