Deductions for College-Bound Families
Author: Spidell Publishing, LLC
With this two-hour course, you will:
- Get a 34-page PDF manual
- Determine how to figure the amount of any excess AOTC credit that must be recaptured
- Recall who claims the Lifetime Learning Credit if a grandparent makes a payment directly to an educational institution
- Identify how a student loan payment is allocated between interest and principal
- Determine if tax is due on a QTP distribution
- Recall how to make the election to exclude interest from a U.S. savings bond under an education savings bond program
| Designation | CPE Hours |
|---|---|
| CPA | 2 Taxes |
| EA | 2 Federal Tax |
| CRTP (CTEC) | 2 Federal Tax |
| Attorney | 1.5 General MCLE/Tax Specialization |
Course level: Basic
No advance preparation is required.
Attendees of the 2024/25 Federal and California Tax Update seminar, webinar, and self-study are not eligible for this course.
Want to order by phone? Call us at: (800) 277-2257
This self-study is designed to meet the requirements for 2 hours of continuing education. This self-study has been designed to meet the requirements of the IRS Return Preparer Office; including sections 10.6 and 10.9 of Department of Treasury’s Circular No. 230 (Provider No. CRA7E); the California State Board of Accountancy; the California Bar Association; and the California Tax Education Council. This does not constitute an endorsement by these groups. The state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. For more information regarding administrative policies such as complaints or refunds, contact Spidell Publishing at (800) 277-2257. Spidell Publishing, LLC has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA 95812-2890, or by phone at 877-850-2832, or on the internet at www.CTEC.org.
Spidell Publishing, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. This self-study is designed to meet the requirements for 2 hours of continuing education for the California Board of Accountancy. Level: Basic. Field of Study: Taxes. Delivery method: Self-Study. For more information regarding administrative policies, such as complaints or refunds, contact Spidell Publishing at (800) 277-2257. There are no prerequisites or advanced preparation required.
