course

Earned Income Credit - 2024 Tax Returns

(43)
4.651165
77 Enrolled
1 Hour (On-Demand)
1.0 CPE  
Not currently accepting new students

This course covers changes to the earned income credit for 2021. The American Rescue Plan made substantial changes to the EIC for 2021, with some changes specific to 2021-only, while some changes remain a permanent part of the law. We will cover the 15 rules for claiming the EIC, and also cover Form 8867 due diligence.

This course will cover the following topics:

  • Understand the EIC changes for 2021-only
  • Understand the EIC changes in ARPA that are permanent
  • Define the 15 rules for claiming EIC
  • Understand due diligence and Form 8867
Learning Objectives
  • Identify and understand the EIC changes in ARPA that are permanent
  • Discover and define the 15 rules for claiming EIC
  • Explore and understand due diligence and Form 8867
Last updated/reviewed: April 01, 2024
8 Reviews (43 ratings)

Reviews

5
Anonymous Author
good basic review of all the rules for earned income credit including the forms accompanying the credit for due diligence and from former errors. Explained in concise fashion.
5
Member's Profile
This was a good course. We seldom see the earned income credit in my practice, but it is good to have this information for the few times we use it.
5
Anonymous Author
Great review of the EIC changes for 2021 and beyond. The case discussed was very enlightening relating to Preparer Due Diligence.
5
Member's Profile
Excellent tax overview of EIC, especially due diligence part for paid preparers was something I was not aware of.
5
Member's Profile
The lecture was well-organized with the 15 rules and with appropriate number of examples as needed.
4
Anonymous Author
The instructor is easy to follow, but the materials don't provide all the information
5
Anonymous Author
Great job, thank you so much, 'i really appreciate it, good work, great material
5
Anonymous Author
very informative. emphasized Due Diligence form completion
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
  Introduction to Earned Income Credit 2021 Tax Returns Recent Updates1:10
  Rule 1 - Rule 711:06
  Rule 8 - Rule 1513:26
  Form 88625:30
  Form 886719:46
CONTINUOUS PLAY
  Earned Income Credit 2021 Tax Returns50:58
SUPPORTING MATERIAL
  Slides: Earned Income Credit - 2024 Tax ReturnsPDF
  Earned Income Credit - 2024 Tax Returns GlossaryPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam