November 23, 2022


Webinar


2.2 Total CPE Credits

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Children of All Ages: Comprehensive Planning Techniques

Learning Objectives

  • List new tax guidelines and identify the related factors as they pertain to child dependency laws
  • Discuss options parents have regarding claiming dependents
  • Explain the most beneficial courses of action when filing

Major Topics

  • Learning tax rules as they pertain to claiming children as dependents in varying degrees of life circumstances i.e., birth children, adopted children, and stepchildren
  • Learning the factors that affect dependency such as divorce and issues of custody
    • Dependency Exemption
    • Head of Household Status
    • Earned Income Credit
    • Child Tax Credit
    • Child Dependent Care Credit
  • Navigating options to which parents are entitled when they are unable to continue claiming children as dependents as a result of divorce
    • Form 8332
  • Understanding the definition of a qualified child and learning the 5 tests of qualifications
    • Child’s relation to taxpayer
    • Age
    • Child’s location and length of residency with taxpayer
    • Child support
    • Joint return restriction

CPE Credits Available

2.2
Total CPE
2.2
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Prerequisites

None

Advanced Preparation

None

Intended Audience

CPAs, EAs, and other financial professionals

Provider

ACPEN

This event has ended.