Taxes  |  Format: Flash

Basic Marital Tax Matters (Updated - 2)

Course Overview
In this course, initial marital tax matters such as living together, property rights, premarital agreements, filing status, exemptions, and dependents are explored. The detail support test for children of divorced or separated parents, the tax treatment of back child support, the deduction of divorce costs, and estimated tax payments are reviewed. Emphasis is given to marital property rules, married versus unmarried tax rate comparison, head of household status, and treatment of refunds and deficiencies.

Learning Objectives
After completing this course, the course participant should be able to:

  • Identify marital status and the effect marital status has on filing status, cite the tax advantages and disadvantages of a filing status and, specify the requirements for filing as head of household and the exemptions associated with spouses and dependents.
  • Recognize the differences between custodial and non-custodial parents including how the status affects dependency, identify the application of special support rules, and specify the dependent child income standards.
  • Determine common law and community property, specifying their effect on marital and divorce planning, and identify the circumstances when payments qualify as Sec. 71 alimony.
    Catalog Number: 99SANT17-v2
    CPE Credits: 2 Registry / 2 QAS
    Author: Danny Santucci
    Advanced Preparation:
    General understanding of federal income taxation.
    Course Level: Overview
    Field of Study: Taxes
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Windows or Mac OS
    Release/Expiration Dates: Feb 05, 2019 / Feb 05, 2021