Standard Deductions, Exemptions and Dependents

Standard Deductions, Exemptions and Dependents

Regular price
$59.00
Sale price
$59.00
Quantity must be 1 or more

This course will present a review of the standard deduction, who qualifies to claim it, and what circumstances allow some taxpayers to claim a higher standard deduction. 

After completing this course, the student will: 

  1. Understand how standard deduction prior to Tax Cuts and Jobs Act
  2. Recognize who qualifies for a higher standard deduction, and who does not
  3. Recall the qualifications to determine who is a dependent
  4. Identify the qualifying child requirements
  5. Be familiar with the difference between a qualifying child and a qualifying relative
  6. Describe the difference between custodial and noncustodial parent