Tax Credits - Family & Dependent Tax Credits

  • Course provided by Udemy
  • Study type: Online
  • Starts: Anytime
  • Price: See latest price on Udemy
Udemy

Course 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.

Who this course is for:

  • Anybody who wants to save on taxes
  • Tax professionals

Expected Outcomes

  1. Earned Income Tax Credit Child Tax Credit Child & Dependent Care Tax Credit Credit for Elderly or the Disabled Adoption Tax Credit Other Dependents Credit Requirements None 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. Who this course is for: Anybody who wants to save on taxes Tax professionals Show more Show less Course content 7 sections • 197 lectures • 14h 14m total length Expand all sections Introduction 1 lecture • 5min Introduction Preview 04:52 Earned Income Tax Credit 59 lectures • 5hr 22min 2 Earned Income Tax Credit Preview 02:44 Documents to Download for Reference 00:01 PDF - 205 What is The Earned Income Credit 00:08 205 What is The Earned Income Credit Preview 06:57 PDF - 207 To Take The EIC Steps 00:08 207 To Take The EIC Steps 34:10 PDF - 210 Can I claim the Earned Income Credit 00:08 210 Can I claim the Earned Income Credit 11:12 PDF - 217 Do I have To Have A Child 00:08 217 I have To Have A Child 03:18 PDF - 219 Help From IRS 00:08 219 Help From IRS Preview 01:03 PDF - 220 What is New 00:08 220 What is New Preview 04:08 PDF - 223 Rules for Everyone 7 Rules Overview 00:08 223 Rules for Everyone 7 Rules Overview 02:47 PDF - 226 Adjusted Gross Income (AGI) Limits 00:08 226 Adjusted Gross Income (AGI) Limits Preview 08:43 PDF - 229 Must Have Valid Social Security Number 00:08 229 Must Have Valid Social Security Number 07:07 PDF - 232 Filing Status Cannot be Married Filing Spar 00:08 232Filing Status Cannot be Married Filing Sparely MF 05:28 PDF - 235 Must Be A US Citizen or Resident Alien All 00:08 235 Must Be A US Citizen or Resident Alien All Year 02:10 PDF - 238 Cannot File Form 2555 Or Form 2555-EZ 00:08 238 Cannot File Form 2555 Or Form 2555-EZ 02:06 PDF - 241 Investment Income Must Be 3,500 or Less 00:08 241 Investment Income Must Be 3,500 or Less 06:05 PDF - 245 Must Have Earned Income 00:08 245 Must Have Earned Income 23:13 PDF - 248 Rules If You Have A Qualifying Child 00:08 248 Rules If You Have A Qualifying Child 04:20 PDF - 251 Special Instructions—EIC Worksheets 00:08 251Special Instructions—EIC Worksheets 06:59 PDF - 252 Your Child Must Meet the Relationship, Age, 00:08 252 Your Child Must Meet the Relationship, Age, Resid 01:12 PDF - 253 (EIC) Relationship Test 00:08 253 Relationship Test 04:53 PDF - 254 Schedule EIC 00:08 254 Schedule EIC 03:11 PDF - 256 Age Test 00:08 256 Age Test 12:00 PDF - 258 Residency Test 00:08 258 Residency Test 08:12 PDF - 259 Joint Return Test 00:08 259 Earned Income Credit (EIC) Joint Return Test 04:55 PDF - 260 EIC Eligibility Checklist 00:08 260 EIC Eligibility Checklist 08:22 PDF - 266 Qualifying Child Cannot Be Used by More Tha 00:08 266 Qualifying Child Cannot Be Used by More Than One 33:10 PDF - 287 2018 Earned Income Credit (EIC) Table 00:08 287 2018 Earned Income Credit (EIC) Table 05:09 289 Tax Software Example Earned Income Credit EIC Income Level Tests HOH O 13:02 291 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Two Chi 12:23 292 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Three C 14:21 293 Tax Software Example Earned Income Credit EIC Income Level Tests MFJ 22:25 293 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios E 21:34 294 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios U 21:28 Accounting Comic Break 00:13 Child Tax Credit 37 lectures • 3hr 16min 3 Child Tax Credit 02:15 Documents to Download for Reference 00:01 PDF - 425 Child Tax Credit What’s New 00:08 425 Child Tax Credit What’s New 11:36 PDF - 430 Child Tax Credit Amount of Credit 00:08 430 Child Tax Credit Amount of Credit 11:09 PDF - 435 Tax Software Child Tax Credit Tax Software Simple Example 00:08 435 Tax Software Child Tax Credit Tax Software Simple Example 10:02 PDF - 437 Software Example Simple Wage Limits 00:08 437 Software Example Simple Wage Limits 12:41 PDF - 440 Child Tax Credit Improper Claims 00:08 440 Child Tax Credit Improper Claims 05:12 PDF - 445 Child Tax Credit Qualified Child 00:08 445 Child Tax Credit Qualified Child 09:34 PDF - 450 Tax Software Child Tax Credit Qualified Child 00:08 450 Tax Software Child Tax Credit Qualified Child 06:22 PDF - 455 Child Tax Credit How To Claim 00:08 455 Child Tax Credit How To Claim 07:44 PDF - 460 Child Tax Credit Additional Child Tax Credit 00:08 460 Child Tax Credit Additional Child Tax Credit 08:08 PDF - 462 Tax Software Child Tax Credit Additional Child Tax Credit 00:08 462 Tax Software Child Tax Credit Additional Child Tax Credit 19:55 PDF - 465 Child Tax Credit Worksheet 00:08 465 Child Tax Credit Worksheet 04:19 PDF - 470 Child Tax Credit How to Get Help 00:08 470 Child Tax Credit How to Get Help 08:23 PDF - 480 Child Tax Credit Questioner 00:08 480 Child Tax Credit Questioner 13:22 PDF - 485 Child Tax Credit Adopted Child 00:08 485 Child Tax Credit Adopted Child 02:53 PDF - 490 Child Tax Credit Adopted Child 00:08 490 Child Tax Credit Adopted Child 14:22 PDF - 492 Child Tax Credit Qualifying child of more than one person 00:08 492 Child Tax Credit Qualifying child of more than one person 16:18 492 Tax Software Child Tax Credit Married Divorced Even Income 19:24 494 Tax Software Child Tax Credit Married Divorced Uneven Income 09:35 Accounting Comic Break 00:12 Other Dependents Credit 25 lectures • 1hr 2min 4 Other Dependents Credit 02:05 Documents to Download for Reference 00:01 PDF - 505 Credit for Other Dependents (ODC) 00:08 505 Credit for Other Dependents (ODC) 02:25 PDF - 508 Qualifying Person for Credit for Other Dependents (ODC) 00:08 508 Qualifying Person for Credit for Other Dependents (ODC) 02:31 PDF - 516 Dependents 00:08 516 Dependents 03:36 PDF - 520 Dependent Taxpayer Test 00:08 520 Dependent Taxpayer Test 01:14 PDF - 523 Joint Return Test 00:08 523 Joint Return Test 04:17 PDF - 524 Citizen or Resident Test 00:08 524 Citizen or Resident Test 02:28 PDF - 526 Qualifying Relative 00:08 526 Qualifying Relative 01:34 PDF - 529 Not a Qualifying Child Test 00:08 529 Not a Qualifying Child Test 08:02 PDF - 532 Member of Household or Relationship Test 00:08 532 Member of Household or Relationship Test 07:19 PDF - 536 Gross Income Test 00:08 536 Gross Income Test 04:23 PDF - 539 Support Test (To Be a Qualifying Relative) 00:08 539 Support Test (To Be a Qualifying Relative) 20:01 Accounting Comic Break 00:21 Child & Dependent Care Credit 41 lectures • 2hr 59min 5 Child & Dependent Care Credit 00:54 Documents to Download for Reference 00:01 PDF - 705 Can I Claim The Credit 00:08 705 Can I Claim The Credit 09:28 PDF - 710 Who is a Qualifying Person 00:08 710 Who is a Qualifying Person 13:38 PDF - 712 Tax Software Who is a Qualifying Person 00:08 712 Tax Software Who is a Qualifying Person 03:53 PDF - 715 You Must Have Earned Income 00:08 715 You Must Have Earned Income 12:54 PDF - 717 Tax Software You Must Have Earned Income 00:08 717 Tax Software You Must Have Earned Income 08:03 PDF - 720 Flow Chart Can You Claim The Credit 00:08 720 Flow Chart Can You Claim The Credit 05:00 PDF - 723 Are These Work-Related Expenses 00:08 723 Are These Work-Related Expenses 09:49 PDF - 726 Care of Qualifying Person 00:08 726 Care of Qualifying Person 09:58 PDF - 729 Household Services 00:08 729 Household Services 06:07 PDF - 732 What’s Your Filing Status 00:08 732 What’s Your Filing Status 08:40 PDF - 735 Care Provider Identification Test 00:08 735 Care Provider Identification Test 08:33 PDF - 738 How To Figure the Credit 00:08 738 How To Figure the Credit 13:51 PDF - 741 Earned Income Limit 00:08 741 Earned Income Limit 17:00 PDF - 744 Dollar Limit 00:08 744 Dollar Limit 04:29 749 Reduced Dollar Limit 00:08 749 Reduced Dollar Limit 06:39 PDF - 752 Amount of Credit 00:08 752 Amount of Credit 08:54 PDF - 755 How to Claim the Credit 00:08 755 How to Claim the Credit 08:05 PDF - 758 Household Employees 00:08 758 Household Employees 08:30 PDF - 760 Tax Software For 2441 Examples 00:08 760 Tax Software For 2441 Examples 11:49 Accounting Comic Break 00:20 Credit for Elderly or the Disabled 17 lectures • 38min 6 Credit for Elderly or the Disabled 00:27 Documents to Download for Reference 00:01 PDF - 905 Are You Eligible for the Credit 00:08 905 Are You Eligible for the Credit 03:20 PDF - 908 Qualified Individual 00:08 908 Qualified Individual 05:34 PDF - 911 U.S. Citizen or Resident Alien 00:08 911 U.S. Citizen or Resident Alien 02:05 PDF - 914 Married Persons 00:08 914 Married Persons 03:45 PDF - 917 Under Age 65 00:08 917 Under Age 65 11:38 PDF - 921 Income Limits 00:08 921 Income Limits 03:56 PDF - 927 Tax Software Example of Sch R Calculation 00:08 927 Tax Software Example of Sch R Calculation 05:53 Accounting Comic Break 00:13 Adoption Credit 17 lectures • 53min 7 Adoption Credit 00:26 Documents to Download for Reference 00:01 PDF - 955 Adoption Credit Overview 00:08 955 Adoption Credit Overview 07:15 PDF - 958 Adoption Credit What's New 00:08 958 Adoption Credit What's New 01:40 PDF - 961 Purpose of Form 00:08 961 Purpose of Form 09:41 PDF - 964 Definitions 00:08 964 Definitions 02:05 PDF - 967 Employer-Provided Adoption Benefits 00:08 967 Employer-Provided Adoption Benefits 18:46 PDF - 971 Who Can Take the Adoption Credit or Exclude Employer-Provided Adoptio 00:08 971 Who Can Take the Adoption Credit or Exclude Employer-Provided Adoption Bene 03:56 PDF - 974 When To Take the Credit or Exclusion 00:08 974 When To Take the Credit or Exclusion 08:20 Accounting Comic Break 00:13 Instructor Robert (Bob) Steele CPA, CGMA, M.S. Tax, CPI 4.4 Instructor Rating 19,884 Reviews 430,087 Students 113 Courses Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his. Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA). Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software. In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele's teaching philosophy is to make content applicable, understandable, and accessible. Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks. Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business. Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster. Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts. The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video. Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like Udemy. Show more Show less Udemy Business Teach on Udemy Get the app About us Contact us Careers Blog Help and Support Affiliate Impressum Kontakt Terms Privacy policy Cookie settings Sitemap © 2021 Udemy, Inc. window.handleCSSToggleButtonClick = function (event) { var target = event.currentTarget; var cssToggleId = target && target.dataset && target.dataset.cssToggleId; var input = cssToggleId && document.getElementById(cssToggleId); if (input) { if (input.dataset.type === 'checkbox') { input.dataset.checked = input.dataset.checked ? 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  2. Child Tax Credit Child & Dependent Care Tax Credit Credit for Elderly or the Disabled Adoption Tax Credit Other Dependents Credit Requirements None 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. Who this course is for: Anybody who wants to save on taxes Tax professionals Show more Show less Course content 7 sections • 197 lectures • 14h 14m total length Expand all sections Introduction 1 lecture • 5min Introduction Preview 04:52 Earned Income Tax Credit 59 lectures • 5hr 22min 2 Earned Income Tax Credit Preview 02:44 Documents to Download for Reference 00:01 PDF - 205 What is The Earned Income Credit 00:08 205 What is The Earned Income Credit Preview 06:57 PDF - 207 To Take The EIC Steps 00:08 207 To Take The EIC Steps 34:10 PDF - 210 Can I claim the Earned Income Credit 00:08 210 Can I claim the Earned Income Credit 11:12 PDF - 217 Do I have To Have A Child 00:08 217 I have To Have A Child 03:18 PDF - 219 Help From IRS 00:08 219 Help From IRS Preview 01:03 PDF - 220 What is New 00:08 220 What is New Preview 04:08 PDF - 223 Rules for Everyone 7 Rules Overview 00:08 223 Rules for Everyone 7 Rules Overview 02:47 PDF - 226 Adjusted Gross Income (AGI) Limits 00:08 226 Adjusted Gross Income (AGI) Limits Preview 08:43 PDF - 229 Must Have Valid Social Security Number 00:08 229 Must Have Valid Social Security Number 07:07 PDF - 232 Filing Status Cannot be Married Filing Spar 00:08 232Filing Status Cannot be Married Filing Sparely MF 05:28 PDF - 235 Must Be A US Citizen or Resident Alien All 00:08 235 Must Be A US Citizen or Resident Alien All Year 02:10 PDF - 238 Cannot File Form 2555 Or Form 2555-EZ 00:08 238 Cannot File Form 2555 Or Form 2555-EZ 02:06 PDF - 241 Investment Income Must Be 3,500 or Less 00:08 241 Investment Income Must Be 3,500 or Less 06:05 PDF - 245 Must Have Earned Income 00:08 245 Must Have Earned Income 23:13 PDF - 248 Rules If You Have A Qualifying Child 00:08 248 Rules If You Have A Qualifying Child 04:20 PDF - 251 Special Instructions—EIC Worksheets 00:08 251Special Instructions—EIC Worksheets 06:59 PDF - 252 Your Child Must Meet the Relationship, Age, 00:08 252 Your Child Must Meet the Relationship, Age, Resid 01:12 PDF - 253 (EIC) Relationship Test 00:08 253 Relationship Test 04:53 PDF - 254 Schedule EIC 00:08 254 Schedule EIC 03:11 PDF - 256 Age Test 00:08 256 Age Test 12:00 PDF - 258 Residency Test 00:08 258 Residency Test 08:12 PDF - 259 Joint Return Test 00:08 259 Earned Income Credit (EIC) Joint Return Test 04:55 PDF - 260 EIC Eligibility Checklist 00:08 260 EIC Eligibility Checklist 08:22 PDF - 266 Qualifying Child Cannot Be Used by More Tha 00:08 266 Qualifying Child Cannot Be Used by More Than One 33:10 PDF - 287 2018 Earned Income Credit (EIC) Table 00:08 287 2018 Earned Income Credit (EIC) Table 05:09 289 Tax Software Example Earned Income Credit EIC Income Level Tests HOH O 13:02 291 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Two Chi 12:23 292 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Three C 14:21 293 Tax Software Example Earned Income Credit EIC Income Level Tests MFJ 22:25 293 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios E 21:34 294 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios U 21:28 Accounting Comic Break 00:13 Child Tax Credit 37 lectures • 3hr 16min 3 Child Tax Credit 02:15 Documents to Download for Reference 00:01 PDF - 425 Child Tax Credit What’s New 00:08 425 Child Tax Credit What’s New 11:36 PDF - 430 Child Tax Credit Amount of Credit 00:08 430 Child Tax Credit Amount of Credit 11:09 PDF - 435 Tax Software Child Tax Credit Tax Software Simple Example 00:08 435 Tax Software Child Tax Credit Tax Software Simple Example 10:02 PDF - 437 Software Example Simple Wage Limits 00:08 437 Software Example Simple Wage Limits 12:41 PDF - 440 Child Tax Credit Improper Claims 00:08 440 Child Tax Credit Improper Claims 05:12 PDF - 445 Child Tax Credit Qualified Child 00:08 445 Child Tax Credit Qualified Child 09:34 PDF - 450 Tax Software Child Tax Credit Qualified Child 00:08 450 Tax Software Child Tax Credit Qualified Child 06:22 PDF - 455 Child Tax Credit How To Claim 00:08 455 Child Tax Credit How To Claim 07:44 PDF - 460 Child Tax Credit Additional Child Tax Credit 00:08 460 Child Tax Credit Additional Child Tax Credit 08:08 PDF - 462 Tax Software Child Tax Credit Additional Child Tax Credit 00:08 462 Tax Software Child Tax Credit Additional Child Tax Credit 19:55 PDF - 465 Child Tax Credit Worksheet 00:08 465 Child Tax Credit Worksheet 04:19 PDF - 470 Child Tax Credit How to Get Help 00:08 470 Child Tax Credit How to Get Help 08:23 PDF - 480 Child Tax Credit Questioner 00:08 480 Child Tax Credit Questioner 13:22 PDF - 485 Child Tax Credit Adopted Child 00:08 485 Child Tax Credit Adopted Child 02:53 PDF - 490 Child Tax Credit Adopted Child 00:08 490 Child Tax Credit Adopted Child 14:22 PDF - 492 Child Tax Credit Qualifying child of more than one person 00:08 492 Child Tax Credit Qualifying child of more than one person 16:18 492 Tax Software Child Tax Credit Married Divorced Even Income 19:24 494 Tax Software Child Tax Credit Married Divorced Uneven Income 09:35 Accounting Comic Break 00:12 Other Dependents Credit 25 lectures • 1hr 2min 4 Other Dependents Credit 02:05 Documents to Download for Reference 00:01 PDF - 505 Credit for Other Dependents (ODC) 00:08 505 Credit for Other Dependents (ODC) 02:25 PDF - 508 Qualifying Person for Credit for Other Dependents (ODC) 00:08 508 Qualifying Person for Credit for Other Dependents (ODC) 02:31 PDF - 516 Dependents 00:08 516 Dependents 03:36 PDF - 520 Dependent Taxpayer Test 00:08 520 Dependent Taxpayer Test 01:14 PDF - 523 Joint Return Test 00:08 523 Joint Return Test 04:17 PDF - 524 Citizen or Resident Test 00:08 524 Citizen or Resident Test 02:28 PDF - 526 Qualifying Relative 00:08 526 Qualifying Relative 01:34 PDF - 529 Not a Qualifying Child Test 00:08 529 Not a Qualifying Child Test 08:02 PDF - 532 Member of Household or Relationship Test 00:08 532 Member of Household or Relationship Test 07:19 PDF - 536 Gross Income Test 00:08 536 Gross Income Test 04:23 PDF - 539 Support Test (To Be a Qualifying Relative) 00:08 539 Support Test (To Be a Qualifying Relative) 20:01 Accounting Comic Break 00:21 Child & Dependent Care Credit 41 lectures • 2hr 59min 5 Child & Dependent Care Credit 00:54 Documents to Download for Reference 00:01 PDF - 705 Can I Claim The Credit 00:08 705 Can I Claim The Credit 09:28 PDF - 710 Who is a Qualifying Person 00:08 710 Who is a Qualifying Person 13:38 PDF - 712 Tax Software Who is a Qualifying Person 00:08 712 Tax Software Who is a Qualifying Person 03:53 PDF - 715 You Must Have Earned Income 00:08 715 You Must Have Earned Income 12:54 PDF - 717 Tax Software You Must Have Earned Income 00:08 717 Tax Software You Must Have Earned Income 08:03 PDF - 720 Flow Chart Can You Claim The Credit 00:08 720 Flow Chart Can You Claim The Credit 05:00 PDF - 723 Are These Work-Related Expenses 00:08 723 Are These Work-Related Expenses 09:49 PDF - 726 Care of Qualifying Person 00:08 726 Care of Qualifying Person 09:58 PDF - 729 Household Services 00:08 729 Household Services 06:07 PDF - 732 What’s Your Filing Status 00:08 732 What’s Your Filing Status 08:40 PDF - 735 Care Provider Identification Test 00:08 735 Care Provider Identification Test 08:33 PDF - 738 How To Figure the Credit 00:08 738 How To Figure the Credit 13:51 PDF - 741 Earned Income Limit 00:08 741 Earned Income Limit 17:00 PDF - 744 Dollar Limit 00:08 744 Dollar Limit 04:29 749 Reduced Dollar Limit 00:08 749 Reduced Dollar Limit 06:39 PDF - 752 Amount of Credit 00:08 752 Amount of Credit 08:54 PDF - 755 How to Claim the Credit 00:08 755 How to Claim the Credit 08:05 PDF - 758 Household Employees 00:08 758 Household Employees 08:30 PDF - 760 Tax Software For 2441 Examples 00:08 760 Tax Software For 2441 Examples 11:49 Accounting Comic Break 00:20 Credit for Elderly or the Disabled 17 lectures • 38min 6 Credit for Elderly or the Disabled 00:27 Documents to Download for Reference 00:01 PDF - 905 Are You Eligible for the Credit 00:08 905 Are You Eligible for the Credit 03:20 PDF - 908 Qualified Individual 00:08 908 Qualified Individual 05:34 PDF - 911 U.S. Citizen or Resident Alien 00:08 911 U.S. Citizen or Resident Alien 02:05 PDF - 914 Married Persons 00:08 914 Married Persons 03:45 PDF - 917 Under Age 65 00:08 917 Under Age 65 11:38 PDF - 921 Income Limits 00:08 921 Income Limits 03:56 PDF - 927 Tax Software Example of Sch R Calculation 00:08 927 Tax Software Example of Sch R Calculation 05:53 Accounting Comic Break 00:13 Adoption Credit 17 lectures • 53min 7 Adoption Credit 00:26 Documents to Download for Reference 00:01 PDF - 955 Adoption Credit Overview 00:08 955 Adoption Credit Overview 07:15 PDF - 958 Adoption Credit What's New 00:08 958 Adoption Credit What's New 01:40 PDF - 961 Purpose of Form 00:08 961 Purpose of Form 09:41 PDF - 964 Definitions 00:08 964 Definitions 02:05 PDF - 967 Employer-Provided Adoption Benefits 00:08 967 Employer-Provided Adoption Benefits 18:46 PDF - 971 Who Can Take the Adoption Credit or Exclude Employer-Provided Adoptio 00:08 971 Who Can Take the Adoption Credit or Exclude Employer-Provided Adoption Bene 03:56 PDF - 974 When To Take the Credit or Exclusion 00:08 974 When To Take the Credit or Exclusion 08:20 Accounting Comic Break 00:13 Instructor Robert (Bob) Steele CPA, CGMA, M.S. Tax, CPI 4.4 Instructor Rating 19,884 Reviews 430,087 Students 113 Courses Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his. Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA). Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software. In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele's teaching philosophy is to make content applicable, understandable, and accessible. Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks. Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business. Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster. Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts. The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video. Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like Udemy. Show more Show less Udemy Business Teach on Udemy Get the app About us Contact us Careers Blog Help and Support Affiliate Impressum Kontakt Terms Privacy policy Cookie settings Sitemap © 2021 Udemy, Inc. window.handleCSSToggleButtonClick = function (event) { var target = event.currentTarget; var cssToggleId = target && target.dataset && target.dataset.cssToggleId; var input = cssToggleId && document.getElementById(cssToggleId); if (input) { if (input.dataset.type === 'checkbox') { input.dataset.checked = input.dataset.checked ? '' : 'checked'; } else { input.dataset.checked = input.dataset.allowToggle && input.dataset.checked ? '' : 'checked'; var radios = document.querySelectorAll('[name="' + input.dataset.name + '"]'); for (var i = 0; i (function(){window['__CF$cv$params']={r:'6781d3778e4953d3',m:'74bfb971b7c40680b614b57b2adfcabaaa47e8a5-1627849845-1800-AWXfvpBBC54fQwjbidMHPY8neG/rjmbdmyokJWbiH7RAtUbCRrEXeiNq7ALWtV6WCmkEbqFLA2ShOR3c5Nn9tGnwuCgKzyxxE2sAotUMtiMs0Wtzpsv6MemfB+kMt3dlJ23k6AKZD5mA6E0AV1pgcfgVtWrUWS7KK9PSECjhxjKHTZumQuF7ywhsuAFBe0iWiA==',s:[0x6ab96c6f7b,0x453d583e53],}})();
  3. Child & Dependent Care Tax Credit Credit for Elderly or the Disabled Adoption Tax Credit Other Dependents Credit Requirements None 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. Who this course is for: Anybody who wants to save on taxes Tax professionals Show more Show less Course content 7 sections • 197 lectures • 14h 14m total length Expand all sections Introduction 1 lecture • 5min Introduction Preview 04:52 Earned Income Tax Credit 59 lectures • 5hr 22min 2 Earned Income Tax Credit Preview 02:44 Documents to Download for Reference 00:01 PDF - 205 What is The Earned Income Credit 00:08 205 What is The Earned Income Credit Preview 06:57 PDF - 207 To Take The EIC Steps 00:08 207 To Take The EIC Steps 34:10 PDF - 210 Can I claim the Earned Income Credit 00:08 210 Can I claim the Earned Income Credit 11:12 PDF - 217 Do I have To Have A Child 00:08 217 I have To Have A Child 03:18 PDF - 219 Help From IRS 00:08 219 Help From IRS Preview 01:03 PDF - 220 What is New 00:08 220 What is New Preview 04:08 PDF - 223 Rules for Everyone 7 Rules Overview 00:08 223 Rules for Everyone 7 Rules Overview 02:47 PDF - 226 Adjusted Gross Income (AGI) Limits 00:08 226 Adjusted Gross Income (AGI) Limits Preview 08:43 PDF - 229 Must Have Valid Social Security Number 00:08 229 Must Have Valid Social Security Number 07:07 PDF - 232 Filing Status Cannot be Married Filing Spar 00:08 232Filing Status Cannot be Married Filing Sparely MF 05:28 PDF - 235 Must Be A US Citizen or Resident Alien All 00:08 235 Must Be A US Citizen or Resident Alien All Year 02:10 PDF - 238 Cannot File Form 2555 Or Form 2555-EZ 00:08 238 Cannot File Form 2555 Or Form 2555-EZ 02:06 PDF - 241 Investment Income Must Be 3,500 or Less 00:08 241 Investment Income Must Be 3,500 or Less 06:05 PDF - 245 Must Have Earned Income 00:08 245 Must Have Earned Income 23:13 PDF - 248 Rules If You Have A Qualifying Child 00:08 248 Rules If You Have A Qualifying Child 04:20 PDF - 251 Special Instructions—EIC Worksheets 00:08 251Special Instructions—EIC Worksheets 06:59 PDF - 252 Your Child Must Meet the Relationship, Age, 00:08 252 Your Child Must Meet the Relationship, Age, Resid 01:12 PDF - 253 (EIC) Relationship Test 00:08 253 Relationship Test 04:53 PDF - 254 Schedule EIC 00:08 254 Schedule EIC 03:11 PDF - 256 Age Test 00:08 256 Age Test 12:00 PDF - 258 Residency Test 00:08 258 Residency Test 08:12 PDF - 259 Joint Return Test 00:08 259 Earned Income Credit (EIC) Joint Return Test 04:55 PDF - 260 EIC Eligibility Checklist 00:08 260 EIC Eligibility Checklist 08:22 PDF - 266 Qualifying Child Cannot Be Used by More Tha 00:08 266 Qualifying Child Cannot Be Used by More Than One 33:10 PDF - 287 2018 Earned Income Credit (EIC) Table 00:08 287 2018 Earned Income Credit (EIC) Table 05:09 289 Tax Software Example Earned Income Credit EIC Income Level Tests HOH O 13:02 291 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Two Chi 12:23 292 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Three C 14:21 293 Tax Software Example Earned Income Credit EIC Income Level Tests MFJ 22:25 293 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios E 21:34 294 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios U 21:28 Accounting Comic Break 00:13 Child Tax Credit 37 lectures • 3hr 16min 3 Child Tax Credit 02:15 Documents to Download for Reference 00:01 PDF - 425 Child Tax Credit What’s New 00:08 425 Child Tax Credit What’s New 11:36 PDF - 430 Child Tax Credit Amount of Credit 00:08 430 Child Tax Credit Amount of Credit 11:09 PDF - 435 Tax Software Child Tax Credit Tax Software Simple Example 00:08 435 Tax Software Child Tax Credit Tax Software Simple Example 10:02 PDF - 437 Software Example Simple Wage Limits 00:08 437 Software Example Simple Wage Limits 12:41 PDF - 440 Child Tax Credit Improper Claims 00:08 440 Child Tax Credit Improper Claims 05:12 PDF - 445 Child Tax Credit Qualified Child 00:08 445 Child Tax Credit Qualified Child 09:34 PDF - 450 Tax Software Child Tax Credit Qualified Child 00:08 450 Tax Software Child Tax Credit Qualified Child 06:22 PDF - 455 Child Tax Credit How To Claim 00:08 455 Child Tax Credit How To Claim 07:44 PDF - 460 Child Tax Credit Additional Child Tax Credit 00:08 460 Child Tax Credit Additional Child Tax Credit 08:08 PDF - 462 Tax Software Child Tax Credit Additional Child Tax Credit 00:08 462 Tax Software Child Tax Credit Additional Child Tax Credit 19:55 PDF - 465 Child Tax Credit Worksheet 00:08 465 Child Tax Credit Worksheet 04:19 PDF - 470 Child Tax Credit How to Get Help 00:08 470 Child Tax Credit How to Get Help 08:23 PDF - 480 Child Tax Credit Questioner 00:08 480 Child Tax Credit Questioner 13:22 PDF - 485 Child Tax Credit Adopted Child 00:08 485 Child Tax Credit Adopted Child 02:53 PDF - 490 Child Tax Credit Adopted Child 00:08 490 Child Tax Credit Adopted Child 14:22 PDF - 492 Child Tax Credit Qualifying child of more than one person 00:08 492 Child Tax Credit Qualifying child of more than one person 16:18 492 Tax Software Child Tax Credit Married Divorced Even Income 19:24 494 Tax Software Child Tax Credit Married Divorced Uneven Income 09:35 Accounting Comic Break 00:12 Other Dependents Credit 25 lectures • 1hr 2min 4 Other Dependents Credit 02:05 Documents to Download for Reference 00:01 PDF - 505 Credit for Other Dependents (ODC) 00:08 505 Credit for Other Dependents (ODC) 02:25 PDF - 508 Qualifying Person for Credit for Other Dependents (ODC) 00:08 508 Qualifying Person for Credit for Other Dependents (ODC) 02:31 PDF - 516 Dependents 00:08 516 Dependents 03:36 PDF - 520 Dependent Taxpayer Test 00:08 520 Dependent Taxpayer Test 01:14 PDF - 523 Joint Return Test 00:08 523 Joint Return Test 04:17 PDF - 524 Citizen or Resident Test 00:08 524 Citizen or Resident Test 02:28 PDF - 526 Qualifying Relative 00:08 526 Qualifying Relative 01:34 PDF - 529 Not a Qualifying Child Test 00:08 529 Not a Qualifying Child Test 08:02 PDF - 532 Member of Household or Relationship Test 00:08 532 Member of Household or Relationship Test 07:19 PDF - 536 Gross Income Test 00:08 536 Gross Income Test 04:23 PDF - 539 Support Test (To Be a Qualifying Relative) 00:08 539 Support Test (To Be a Qualifying Relative) 20:01 Accounting Comic Break 00:21 Child & Dependent Care Credit 41 lectures • 2hr 59min 5 Child & Dependent Care Credit 00:54 Documents to Download for Reference 00:01 PDF - 705 Can I Claim The Credit 00:08 705 Can I Claim The Credit 09:28 PDF - 710 Who is a Qualifying Person 00:08 710 Who is a Qualifying Person 13:38 PDF - 712 Tax Software Who is a Qualifying Person 00:08 712 Tax Software Who is a Qualifying Person 03:53 PDF - 715 You Must Have Earned Income 00:08 715 You Must Have Earned Income 12:54 PDF - 717 Tax Software You Must Have Earned Income 00:08 717 Tax Software You Must Have Earned Income 08:03 PDF - 720 Flow Chart Can You Claim The Credit 00:08 720 Flow Chart Can You Claim The Credit 05:00 PDF - 723 Are These Work-Related Expenses 00:08 723 Are These Work-Related Expenses 09:49 PDF - 726 Care of Qualifying Person 00:08 726 Care of Qualifying Person 09:58 PDF - 729 Household Services 00:08 729 Household Services 06:07 PDF - 732 What’s Your Filing Status 00:08 732 What’s Your Filing Status 08:40 PDF - 735 Care Provider Identification Test 00:08 735 Care Provider Identification Test 08:33 PDF - 738 How To Figure the Credit 00:08 738 How To Figure the Credit 13:51 PDF - 741 Earned Income Limit 00:08 741 Earned Income Limit 17:00 PDF - 744 Dollar Limit 00:08 744 Dollar Limit 04:29 749 Reduced Dollar Limit 00:08 749 Reduced Dollar Limit 06:39 PDF - 752 Amount of Credit 00:08 752 Amount of Credit 08:54 PDF - 755 How to Claim the Credit 00:08 755 How to Claim the Credit 08:05 PDF - 758 Household Employees 00:08 758 Household Employees 08:30 PDF - 760 Tax Software For 2441 Examples 00:08 760 Tax Software For 2441 Examples 11:49 Accounting Comic Break 00:20 Credit for Elderly or the Disabled 17 lectures • 38min 6 Credit for Elderly or the Disabled 00:27 Documents to Download for Reference 00:01 PDF - 905 Are You Eligible for the Credit 00:08 905 Are You Eligible for the Credit 03:20 PDF - 908 Qualified Individual 00:08 908 Qualified Individual 05:34 PDF - 911 U.S. Citizen or Resident Alien 00:08 911 U.S. Citizen or Resident Alien 02:05 PDF - 914 Married Persons 00:08 914 Married Persons 03:45 PDF - 917 Under Age 65 00:08 917 Under Age 65 11:38 PDF - 921 Income Limits 00:08 921 Income Limits 03:56 PDF - 927 Tax Software Example of Sch R Calculation 00:08 927 Tax Software Example of Sch R Calculation 05:53 Accounting Comic Break 00:13 Adoption Credit 17 lectures • 53min 7 Adoption Credit 00:26 Documents to Download for Reference 00:01 PDF - 955 Adoption Credit Overview 00:08 955 Adoption Credit Overview 07:15 PDF - 958 Adoption Credit What's New 00:08 958 Adoption Credit What's New 01:40 PDF - 961 Purpose of Form 00:08 961 Purpose of Form 09:41 PDF - 964 Definitions 00:08 964 Definitions 02:05 PDF - 967 Employer-Provided Adoption Benefits 00:08 967 Employer-Provided Adoption Benefits 18:46 PDF - 971 Who Can Take the Adoption Credit or Exclude Employer-Provided Adoptio 00:08 971 Who Can Take the Adoption Credit or Exclude Employer-Provided Adoption Bene 03:56 PDF - 974 When To Take the Credit or Exclusion 00:08 974 When To Take the Credit or Exclusion 08:20 Accounting Comic Break 00:13 Instructor Robert (Bob) Steele CPA, CGMA, M.S. Tax, CPI 4.4 Instructor Rating 19,884 Reviews 430,087 Students 113 Courses Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his. Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA). Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software. In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele's teaching philosophy is to make content applicable, understandable, and accessible. Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks. Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business. Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster. Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts. The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video. Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like Udemy. Show more Show less Udemy Business Teach on Udemy Get the app About us Contact us Careers Blog Help and Support Affiliate Impressum Kontakt Terms Privacy policy Cookie settings Sitemap © 2021 Udemy, Inc. window.handleCSSToggleButtonClick = function (event) { var target = event.currentTarget; var cssToggleId = target && target.dataset && target.dataset.cssToggleId; var input = cssToggleId && document.getElementById(cssToggleId); if (input) { if (input.dataset.type === 'checkbox') { input.dataset.checked = input.dataset.checked ? '' : 'checked'; } else { input.dataset.checked = input.dataset.allowToggle && input.dataset.checked ? '' : 'checked'; var radios = document.querySelectorAll('[name="' + input.dataset.name + '"]'); for (var i = 0; i (function(){window['__CF$cv$params']={r:'6781d3778e4953d3',m:'74bfb971b7c40680b614b57b2adfcabaaa47e8a5-1627849845-1800-AWXfvpBBC54fQwjbidMHPY8neG/rjmbdmyokJWbiH7RAtUbCRrEXeiNq7ALWtV6WCmkEbqFLA2ShOR3c5Nn9tGnwuCgKzyxxE2sAotUMtiMs0Wtzpsv6MemfB+kMt3dlJ23k6AKZD5mA6E0AV1pgcfgVtWrUWS7KK9PSECjhxjKHTZumQuF7ywhsuAFBe0iWiA==',s:[0x6ab96c6f7b,0x453d583e53],}})();
  4. Credit for Elderly or the Disabled Adoption Tax Credit Other Dependents Credit Requirements None 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. Who this course is for: Anybody who wants to save on taxes Tax professionals Show more Show less Course content 7 sections • 197 lectures • 14h 14m total length Expand all sections Introduction 1 lecture • 5min Introduction Preview 04:52 Earned Income Tax Credit 59 lectures • 5hr 22min 2 Earned Income Tax Credit Preview 02:44 Documents to Download for Reference 00:01 PDF - 205 What is The Earned Income Credit 00:08 205 What is The Earned Income Credit Preview 06:57 PDF - 207 To Take The EIC Steps 00:08 207 To Take The EIC Steps 34:10 PDF - 210 Can I claim the Earned Income Credit 00:08 210 Can I claim the Earned Income Credit 11:12 PDF - 217 Do I have To Have A Child 00:08 217 I have To Have A Child 03:18 PDF - 219 Help From IRS 00:08 219 Help From IRS Preview 01:03 PDF - 220 What is New 00:08 220 What is New Preview 04:08 PDF - 223 Rules for Everyone 7 Rules Overview 00:08 223 Rules for Everyone 7 Rules Overview 02:47 PDF - 226 Adjusted Gross Income (AGI) Limits 00:08 226 Adjusted Gross Income (AGI) Limits Preview 08:43 PDF - 229 Must Have Valid Social Security Number 00:08 229 Must Have Valid Social Security Number 07:07 PDF - 232 Filing Status Cannot be Married Filing Spar 00:08 232Filing Status Cannot be Married Filing Sparely MF 05:28 PDF - 235 Must Be A US Citizen or Resident Alien All 00:08 235 Must Be A US Citizen or Resident Alien All Year 02:10 PDF - 238 Cannot File Form 2555 Or Form 2555-EZ 00:08 238 Cannot File Form 2555 Or Form 2555-EZ 02:06 PDF - 241 Investment Income Must Be 3,500 or Less 00:08 241 Investment Income Must Be 3,500 or Less 06:05 PDF - 245 Must Have Earned Income 00:08 245 Must Have Earned Income 23:13 PDF - 248 Rules If You Have A Qualifying Child 00:08 248 Rules If You Have A Qualifying Child 04:20 PDF - 251 Special Instructions—EIC Worksheets 00:08 251Special Instructions—EIC Worksheets 06:59 PDF - 252 Your Child Must Meet the Relationship, Age, 00:08 252 Your Child Must Meet the Relationship, Age, Resid 01:12 PDF - 253 (EIC) Relationship Test 00:08 253 Relationship Test 04:53 PDF - 254 Schedule EIC 00:08 254 Schedule EIC 03:11 PDF - 256 Age Test 00:08 256 Age Test 12:00 PDF - 258 Residency Test 00:08 258 Residency Test 08:12 PDF - 259 Joint Return Test 00:08 259 Earned Income Credit (EIC) Joint Return Test 04:55 PDF - 260 EIC Eligibility Checklist 00:08 260 EIC Eligibility Checklist 08:22 PDF - 266 Qualifying Child Cannot Be Used by More Tha 00:08 266 Qualifying Child Cannot Be Used by More Than One 33:10 PDF - 287 2018 Earned Income Credit (EIC) Table 00:08 287 2018 Earned Income Credit (EIC) Table 05:09 289 Tax Software Example Earned Income Credit EIC Income Level Tests HOH O 13:02 291 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Two Chi 12:23 292 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Three C 14:21 293 Tax Software Example Earned Income Credit EIC Income Level Tests MFJ 22:25 293 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios E 21:34 294 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios U 21:28 Accounting Comic Break 00:13 Child Tax Credit 37 lectures • 3hr 16min 3 Child Tax Credit 02:15 Documents to Download for Reference 00:01 PDF - 425 Child Tax Credit What’s New 00:08 425 Child Tax Credit What’s New 11:36 PDF - 430 Child Tax Credit Amount of Credit 00:08 430 Child Tax Credit Amount of Credit 11:09 PDF - 435 Tax Software Child Tax Credit Tax Software Simple Example 00:08 435 Tax Software Child Tax Credit Tax Software Simple Example 10:02 PDF - 437 Software Example Simple Wage Limits 00:08 437 Software Example Simple Wage Limits 12:41 PDF - 440 Child Tax Credit Improper Claims 00:08 440 Child Tax Credit Improper Claims 05:12 PDF - 445 Child Tax Credit Qualified Child 00:08 445 Child Tax Credit Qualified Child 09:34 PDF - 450 Tax Software Child Tax Credit Qualified Child 00:08 450 Tax Software Child Tax Credit Qualified Child 06:22 PDF - 455 Child Tax Credit How To Claim 00:08 455 Child Tax Credit How To Claim 07:44 PDF - 460 Child Tax Credit Additional Child Tax Credit 00:08 460 Child Tax Credit Additional Child Tax Credit 08:08 PDF - 462 Tax Software Child Tax Credit Additional Child Tax Credit 00:08 462 Tax Software Child Tax Credit Additional Child Tax Credit 19:55 PDF - 465 Child Tax Credit Worksheet 00:08 465 Child Tax Credit Worksheet 04:19 PDF - 470 Child Tax Credit How to Get Help 00:08 470 Child Tax Credit How to Get Help 08:23 PDF - 480 Child Tax Credit Questioner 00:08 480 Child Tax Credit Questioner 13:22 PDF - 485 Child Tax Credit Adopted Child 00:08 485 Child Tax Credit Adopted Child 02:53 PDF - 490 Child Tax Credit Adopted Child 00:08 490 Child Tax Credit Adopted Child 14:22 PDF - 492 Child Tax Credit Qualifying child of more than one person 00:08 492 Child Tax Credit Qualifying child of more than one person 16:18 492 Tax Software Child Tax Credit Married Divorced Even Income 19:24 494 Tax Software Child Tax Credit Married Divorced Uneven Income 09:35 Accounting Comic Break 00:12 Other Dependents Credit 25 lectures • 1hr 2min 4 Other Dependents Credit 02:05 Documents to Download for Reference 00:01 PDF - 505 Credit for Other Dependents (ODC) 00:08 505 Credit for Other Dependents (ODC) 02:25 PDF - 508 Qualifying Person for Credit for Other Dependents (ODC) 00:08 508 Qualifying Person for Credit for Other Dependents (ODC) 02:31 PDF - 516 Dependents 00:08 516 Dependents 03:36 PDF - 520 Dependent Taxpayer Test 00:08 520 Dependent Taxpayer Test 01:14 PDF - 523 Joint Return Test 00:08 523 Joint Return Test 04:17 PDF - 524 Citizen or Resident Test 00:08 524 Citizen or Resident Test 02:28 PDF - 526 Qualifying Relative 00:08 526 Qualifying Relative 01:34 PDF - 529 Not a Qualifying Child Test 00:08 529 Not a Qualifying Child Test 08:02 PDF - 532 Member of Household or Relationship Test 00:08 532 Member of Household or Relationship Test 07:19 PDF - 536 Gross Income Test 00:08 536 Gross Income Test 04:23 PDF - 539 Support Test (To Be a Qualifying Relative) 00:08 539 Support Test (To Be a Qualifying Relative) 20:01 Accounting Comic Break 00:21 Child & Dependent Care Credit 41 lectures • 2hr 59min 5 Child & Dependent Care Credit 00:54 Documents to Download for Reference 00:01 PDF - 705 Can I Claim The Credit 00:08 705 Can I Claim The Credit 09:28 PDF - 710 Who is a Qualifying Person 00:08 710 Who is a Qualifying Person 13:38 PDF - 712 Tax Software Who is a Qualifying Person 00:08 712 Tax Software Who is a Qualifying Person 03:53 PDF - 715 You Must Have Earned Income 00:08 715 You Must Have Earned Income 12:54 PDF - 717 Tax Software You Must Have Earned Income 00:08 717 Tax Software You Must Have Earned Income 08:03 PDF - 720 Flow Chart Can You Claim The Credit 00:08 720 Flow Chart Can You Claim The Credit 05:00 PDF - 723 Are These Work-Related Expenses 00:08 723 Are These Work-Related Expenses 09:49 PDF - 726 Care of Qualifying Person 00:08 726 Care of Qualifying Person 09:58 PDF - 729 Household Services 00:08 729 Household Services 06:07 PDF - 732 What’s Your Filing Status 00:08 732 What’s Your Filing Status 08:40 PDF - 735 Care Provider Identification Test 00:08 735 Care Provider Identification Test 08:33 PDF - 738 How To Figure the Credit 00:08 738 How To Figure the Credit 13:51 PDF - 741 Earned Income Limit 00:08 741 Earned Income Limit 17:00 PDF - 744 Dollar Limit 00:08 744 Dollar Limit 04:29 749 Reduced Dollar Limit 00:08 749 Reduced Dollar Limit 06:39 PDF - 752 Amount of Credit 00:08 752 Amount of Credit 08:54 PDF - 755 How to Claim the Credit 00:08 755 How to Claim the Credit 08:05 PDF - 758 Household Employees 00:08 758 Household Employees 08:30 PDF - 760 Tax Software For 2441 Examples 00:08 760 Tax Software For 2441 Examples 11:49 Accounting Comic Break 00:20 Credit for Elderly or the Disabled 17 lectures • 38min 6 Credit for Elderly or the Disabled 00:27 Documents to Download for Reference 00:01 PDF - 905 Are You Eligible for the Credit 00:08 905 Are You Eligible for the Credit 03:20 PDF - 908 Qualified Individual 00:08 908 Qualified Individual 05:34 PDF - 911 U.S. Citizen or Resident Alien 00:08 911 U.S. Citizen or Resident Alien 02:05 PDF - 914 Married Persons 00:08 914 Married Persons 03:45 PDF - 917 Under Age 65 00:08 917 Under Age 65 11:38 PDF - 921 Income Limits 00:08 921 Income Limits 03:56 PDF - 927 Tax Software Example of Sch R Calculation 00:08 927 Tax Software Example of Sch R Calculation 05:53 Accounting Comic Break 00:13 Adoption Credit 17 lectures • 53min 7 Adoption Credit 00:26 Documents to Download for Reference 00:01 PDF - 955 Adoption Credit Overview 00:08 955 Adoption Credit Overview 07:15 PDF - 958 Adoption Credit What's New 00:08 958 Adoption Credit What's New 01:40 PDF - 961 Purpose of Form 00:08 961 Purpose of Form 09:41 PDF - 964 Definitions 00:08 964 Definitions 02:05 PDF - 967 Employer-Provided Adoption Benefits 00:08 967 Employer-Provided Adoption Benefits 18:46 PDF - 971 Who Can Take the Adoption Credit or Exclude Employer-Provided Adoptio 00:08 971 Who Can Take the Adoption Credit or Exclude Employer-Provided Adoption Bene 03:56 PDF - 974 When To Take the Credit or Exclusion 00:08 974 When To Take the Credit or Exclusion 08:20 Accounting Comic Break 00:13 Instructor Robert (Bob) Steele CPA, CGMA, M.S. Tax, CPI 4.4 Instructor Rating 19,884 Reviews 430,087 Students 113 Courses Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his. Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA). Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software. In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele's teaching philosophy is to make content applicable, understandable, and accessible. Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks. Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business. Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster. Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts. The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video. Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like Udemy. Show more Show less Udemy Business Teach on Udemy Get the app About us Contact us Careers Blog Help and Support Affiliate Impressum Kontakt Terms Privacy policy Cookie settings Sitemap © 2021 Udemy, Inc. window.handleCSSToggleButtonClick = function (event) { var target = event.currentTarget; var cssToggleId = target && target.dataset && target.dataset.cssToggleId; var input = cssToggleId && document.getElementById(cssToggleId); if (input) { if (input.dataset.type === 'checkbox') { input.dataset.checked = input.dataset.checked ? 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  5. Adoption Tax Credit Other Dependents Credit Requirements None 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 qua