This 4-hour course will cover the topic of personal and dependent exemptions. We'll cover the tests which can help you determine whether a person qualifies as a qualifying relative or a dependent child, and how they affect one's taxes.
We'll cover the forms that you'll need to be familiar with when filing personal and dependent exemptions. And we'll talk about the tricky exemption phase-out.
We'll also take a look at some complicated scenarios, and how to apply the rules for who may claim a child or relative. Last, we'll cover the Earned Income Credit and the Lifetime Learning Credit, and and who may benefit from these.
The course will conclude with a 17-question, IRS-required exam.
Please note: this course MUST be completed by 12.31.2019 to receive credit.
Show Course ID: 0
- Approved By: Internal Revenue Service (IRS)
Jeremy Allen, CPA, was born and raised in Chicago, Illinois. He graduated with a Bachelor's of Science in Accounting from the University of Oregon Charles H. Lundquist College Of Business. He has been a licensed CPA in the state of Oregon since 2007. He specializes in Corporate Taxation and Planning. He enjoys working with start-up businesses, online businesses, and multi-state entities. He is an avid member of Crossfit Grants Pass. In his free time he enjoys traveling and camping with his family. Go Ducks!