Single - With Dependents

Course Description: 

In this illustrative course, the goal is to address the various credits available to single parents. In addition to the child tax credit and the child and dependent care credit, many single parents qualify for the earned income credit (EIC). The EIC is not only available to taxpayers with children, and this course strives to review the key determining factors in evaluating a taxpayer for qualification. Determining who the child is a dependent of and the dependency rules are also covered. Unreported Social Security and Medicare taxes are also addressed, particularly as they relate to the receipt of tip income.

Learning Objectives:

• Identify applicable tax credits
• Identify special filing requirements
• List qualifying child/relative tests for earned income credit
• Explain the eligibility requirements of the earned income credit
• Explain the unreported Social Security and Medicare tax on certain tip income
• Explain the requirements of Form 8867 Paid Preparer's Due Diligence Checklist, and the related penalty for failure to exercise due diligence

Duration: 100 minutes
Who Should Attend: All tax practitioners advising individual clients
Course Level: Basic - story-based
Prerequisite: None
Advance Preparation: None
Delivery Method: Self Study - Internet Based
IRS CE: UBWMF-T-00351-25-S
CTEC: 6209-CE-00263
NASBA: 116347

Expiration: In accordance with NASBA standards, access to this course will terminate one year from the date of purchase. Incomplete courses will no longer be accessible beyond the one year deadline.

Last Modified: 10/9/2025