This course covers changes to the earned income credit for 2021. The American Rescue Plan made substantial changes to the EIC for 2021, with some changes specific to 2021-only, while some changes remain a permanent part of the law. We will cover the 15 rules for claiming the EIC, and also cover Form 8867 due diligence.
This course will cover the following topics:
- Understand the EIC changes for 2021-only
- Understand the EIC changes in ARPA that are permanent
- Define the 15 rules for claiming EIC
- Understand due diligence and Form 8867
Prerequisites
No advanced preparation or prerequisites are required for this course.
Learning Objective
- Identify and understand the EIC changes in ARPA that are permanent
- Discover and define the 15 rules for claiming EIC
- Explore and understand due diligence and Form 8867
Last updated/reviewed: March 7, 2024
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Jason Dinesen
Instructor
INTRODUCTION AND OVERVIEW
- Introduction to Earned Income Credit - 2024 Tax Returns 0:34
- Rule 1 - Rule 7 11:28
- Rule 8 - Rule 15 14:46
- Form 8862 6:28
- Form 8867 20:30
CONTINUOUS PLAY
SUPPORTING MATERIALS
- Slides: Earned Income Credit - 2024 Tax Returns PDF
- Earned Income Credit - 2024 Tax Returns Glossary PDF
REVIEW AND TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
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