This course covers the child tax credit (CTC) and the other dependents credit (ODC). The training covers all requirements for the credits, how to distinguish refundable vs. non-refundable portions of the credits, as well as aspects unique to the child tax credit and refundability.

This course will cover the following topics:

  • Identify the difference between CTC and ODC
  • Understand refundable vs. non-refundable credits
  • Understand how the refundable portion of the CTC works
  • Apply the AGI phaseouts to the credits
  • Understand Form 8867 due diligence requirements
Learning Objectives
  • Identify the difference between CTC and ODC.
  • Identify and understand refundable vs. non-refundable credits.
  • Discover and understand how the refundable portion of the CTC works.
  • Recognize and apply the AGI phaseouts to the credits.
  • Explore and understand Form 8867 due diligence requirements.
Last updated/reviewed: March 31, 2024
4 Reviews (32 ratings)

Reviews

4
Anonymous Author
Instructor is easy to follow, but the test doesn't seem to match up to the materials. I actually had to get on the IRS website in order to answer two of the questions I kept missing from the materials. Then I got 100%. Crazy.
5
Anonymous Author
Explanation of the 2021 Child Tax credit and the Advance payment of the credit. Appropriate forms to use when preparing the 1040. Good information to have.
5
Anonymous Author
Excellent course from an experienced educator. Wish there were more on demand courses from Jason Denisen.
5
Anonymous Author
Course if informative, well structured and provides good examples.
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Course Introduction7:34
  Other Dependents Credit15:42
  Qualifying Child and Qualifying Relative9:12
  Qualifying Relatives12:00
  Form 88677:50
CONTINUOUS PLAY
  Child Tax Credit and Other Dependents Credit52:18
SUPPORTING MATERIAL
  Slides: Child Tax Credit and Other Dependents CreditPDF
  Child Tax Credit and Other Dependents Credit GlossaryPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam