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Tax Credits - Family & Dependent Tax Credits

Earned income tax credit, child tax credit, child & dependent care credit, credit for elderly or the disabled, Adoption

Tax Credits - Family & Dependent Tax Credits

Udemy Coupon Offer Description

Family & dependent tax credits in 2018 including the earned income tax credit, child tax credit, child & dependent care tax credit, other dependents tax credit, credit for elderly or the disabled, and adoption tax credit.

This course will provide a detailed look at these tax credits, including a discussion of the amount of the tax credits and the qualifications to take the tax credits.

We will use tax software and forms to show how the tax credits are input into the tax forms and to test variations in qualifications for the tax credits including income limitations. Using tax software to experiment with different scenarios is a very effective way to learn about how tax credits actually operate.

For example, running tax scenarios using tax software is the only way most people will be able to see clearly the difference between the child tax credit (CTC) and the additional child tax credit (ACTC). Running tax scenarios can also help us understand how the child tax credit (CTC), additional child tax credit (ACTC), and earned income tax credit (EIC) will work as income levels and the number of children is adjusted.

We will provide PDF files that can be downloaded and used as references without an internet connection.

The course will also provide PDF documents of relevant publications and forms.

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