Figuring your Taxes and Credits (18)


IRS Program Number: YH9W1-T-00036-17-S
CE Credits: 3 hours
IRS Category: Federal Tax Law
Delivery Type: Online Self-Study
Exam Questions: 15

Course Syllabus

Course Description
This self-study explains how to figure your tax and how to figure the tax of certain children who have more than $2,100 of unearned income. Also discussed are various tax credits, such as earned income tax credit and the adoption credit. This is a Basic tax course with no prerequisites, and qualifies for 3 CE credit in IRS Federal Tax Law.

Learning Objectives

  • Recognize various alternative minimum tax adjustments and preference items.
  • Recall the rules related to the tax on unearned income of certain children.
  • Recall how to figure the child and dependent care credit.
  • Identify who qualifies to take the credit for the elderly or disabled.
  • Recall who qualifies for the child tax credit and the additional child tax credit.
  • Identify the requirements for and benefits of the American opportunity credit and the lifetime learning credit.
  • Recall the limit of investment income to qualify for the earned income credit.
  • Recognize who is eligible to claim the premium tax credit.
  • Identify various nonrefundable and refundable credits available for income tax purposes.

Course Assignments

  • Study each Chapter
  • Answer review questions at the end of each chapter
  • Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 15 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.


Course Materials:

Course Content