Tax Preparation 2020 (Form 1040) #6 Credits
Learn about the most common tax credits for a Certified Public Accountant CPA
905 Child tax Credit & Other Dependent Credit
907 Child tax Credit & Other Dependent Credit Questionnaire
910 Software Example Child tax Credit & Other Dependent Credit
915 Earned Income Tax Credit
917 Earned Income Tax Credit Questionnaire
925 Education Credits
928 Tax Software Example Education Credits
935 Savor’s Credit - Retirement Savings Contributions Credit
937 Software Example - Savor’s Credit - Retirement Savings Contributions Credit
940 Recovery Rebate Credit
945 Child & Dependent Care Credit
947 Claim the Child and Dependent Care Credit Questionnaire
949 Software Example Child and Dependent Care Credit
Explore some of the most common credits.
This course will explain what a credit is, comparing and contrasting credits and deductions.
We will explain each credit and then show practical examples using tax forms and tax software.
The credits we will discuss include child and dependent care credit, child tax credit, earned income tax credit, education credits, and the recovery rebate credit.