Child Tax Credit and Other Dependents Credit

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