Name: Claiming Dependents on a Tax Return - Updated for 2024
Price: 99 CAD
Rating: 4.5 (4 reviews)

What You'll Learn

check_circleIdentify the criteria for defining a qualifying child for tax purposes, including age, relationship, residency, and support.

check_circleDifferentiate between a qualifying child and a qualifying relative, highlighting the key distinctions in eligibility criteria and potential tax benefits.

check_circleAnalyze the implications of divorce on claiming dependents, including considerations regarding custody arrangements and the rights of each parent.

check_circleInterpret the IRS's "tiebreaker rules" and their significance in determining which taxpayer is eligible to claim a child as a dependent in cases of multiple claims.

check_circleEvaluate the potential tax benefits and credits associated with claiming a qualifying child versus a qualifying relative, and strategize accordingly to maximize tax savings.

About This Course

This course covers claiming dependents - qualifying children and qualifying relatives. The rules have some overlap but there are significant differences between the two. A qualifying child opens the door for more tax benefits and credits than a qualifying relative.

This course will cover the following topics:

Define a qualifying child
Define a qualifying relative
Understand who can claim the kids in cases of divorce
Understand the IRS’s "tiebreaker rules"

Your Instructors

Lambers Inc.

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Lambers, Inc. is a leader in review courses for the EA, AFSP, and CPA exams. Lambers also offers IRS Continuing Education for Tax Preparers and CPE for CPAs. Accounting and finance professionals around the world incorporate Lambers products into their training programs.

Jason Dinesen

LPA, EA

Jason Dinesen is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. His practice focuses on accounting and bookkeeping services, tax preparation and business advising to individuals with a business focus ranging from home-based businesses to multistate corporations and not-for-profits. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars. Dinesen majored in corporate communications with a minor in management from Simpson College.

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

Claiming Dependents on a Tax Return - Updated for 2024

What You'll Learn

About This Course

Your Instructors

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Frequently Asked Questions