Tax Impact of Having a Child Self-Study


Clients with children require extra attention as there are a variety of tax issues involving children ranging in age from 0 to 27. Topics include examining tax credits available to taxpayers with dependent children (including the expanded child tax credit); determining whether a dependency exemption is allowed or allowable (even though the deduction is zero for 2018-2025); determining how the modified kiddie tax rules impact parents and children; allocating health insurance from the Marketplace to nondependent children under age 27; and claiming tax benefits for qualified education expenses.


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

  • Determine which taxpayer is allowed the dependency exemption for a child.
  • Identify when a child is subject to kiddie tax, which tax rate applies and how it is reported.
  • Determine how inheritance or court settlements impact a child’s reporting requirements.
  • Summarize the tax credits available to taxpayers with dependent children.
  • Analyze the expanded child tax credit, including the $500 nonrefundable credit.
  • Determine how to allocate health insurance for family coverage from the Marketplace to a nondependent child under 27.
  • Summarize the requirements to claim education credits.
  • Determine the tax consequences of distributions from qualified tuition programs (§529 plans).

Course Details

This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the 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.

Self-study courses and exams generally expire one year from the date of purchase. The AFTR course expires on December 31 of each year as required by the IRS.

Cancellation Policy

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

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