CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Education Tax Benefits

Icon_Self-Study
Self-Study
Icon_Level
Basic
Credits
CPE Credits
4 Credits: Taxes

Course Description

An education that will help children grow both personally and professionally is an advantage that every parent seeks. Through a multitude of programs and tax incentives, the federal government attempts to encourage these efforts. Education Tax Benefits examines the credits, deductions, programs, and income tax treatment of the various issues affecting the financial concerns of funding a child’s education. Topics covered include:

  • Qualified tuition programs
  • Coverdell education savings accounts
  • The education savings bond program
  • Federal tax credits for education
  • The federal tax treatment of scholarships, fellowships, grants, and tuition reductions
  • Deductions available for student loan interest, tuition, and fees
  • And much more!

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • List the benefits and characteristics of various higher education programs.
  • Identify the contribution and distribution rules for qualified tuition plans and other programs.
  • Cite elements of tuition plans including issues around taxability of distributions and requirements of rollovers.

Chapter 2

  • Cite the characteristics of Coverdell Education Savings Accounts.

Chapter 3

  • Cite the characteristics of the Educational Savings Bond Program.

Chapter 4

  • Cite the characteristics of education tax credits.

Chapter 5

  • Cite the characteristics of various taxable and tax-free educational scholarships as well as the tuition and fees adjustment and student loan interest adjustment.

Course Specifics

Course ID
8162548
Revision Date
May 30, 2020
Number of Pages
143
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01027-16-S
IRS Federal Tax Law Credits: 4
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-0993
CTEC Federal Tax Law Credits: 4

Course Instructor

Paul J. Winn Headshot
Paul J. Winn CLU ChFC

Paul Winn CLU ChFC is a writer with more than 30 years experience in the life insurance and securities industry as an agent/registered representative, an agency head, a marketing vice president for a life insurance company and the president of a corporate registered investment adviser. He was a long serving member of the advisory board to the New York State insurance department. He is a published book author and creator of more than 200 taxation, insurance and securities training courses.

Education Tax Benefits

Expert Instructors
Format
CPE CREDITS
4 Credits: Taxes

$116.00$136.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Basic
Credits
CPE Credits
4 Credits: Taxes

Course Description

An education that will help children grow both personally and professionally is an advantage that every parent seeks. Through a multitude of programs and tax incentives, the federal government attempts to encourage these efforts. Education Tax Benefits examines the credits, deductions, programs, and income tax treatment of the various issues affecting the financial concerns of funding a child’s education. Topics covered include:

  • Qualified tuition programs
  • Coverdell education savings accounts
  • The education savings bond program
  • Federal tax credits for education
  • The federal tax treatment of scholarships, fellowships, grants, and tuition reductions
  • Deductions available for student loan interest, tuition, and fees
  • And much more!

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • List the benefits and characteristics of various higher education programs.
  • Identify the contribution and distribution rules for qualified tuition plans and other programs.
  • Cite elements of tuition plans including issues around taxability of distributions and requirements of rollovers.

Chapter 2

  • Cite the characteristics of Coverdell Education Savings Accounts.

Chapter 3

  • Cite the characteristics of the Educational Savings Bond Program.

Chapter 4

  • Cite the characteristics of education tax credits.

Chapter 5

  • Cite the characteristics of various taxable and tax-free educational scholarships as well as the tuition and fees adjustment and student loan interest adjustment.

Course Specifics

Course ID
8162548
Revision Date
May 30, 2020
Number of Pages
143
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01027-16-S
IRS Federal Tax Law Credits: 4
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-0993
CTEC Federal Tax Law Credits: 4

Course Instructor

Paul J. Winn Headshot
Paul J. Winn CLU ChFC

Paul Winn CLU ChFC is a writer with more than 30 years experience in the life insurance and securities industry as an agent/registered representative, an agency head, a marketing vice president for a life insurance company and the president of a corporate registered investment adviser. He was a long serving member of the advisory board to the New York State insurance department. He is a published book author and creator of more than 200 taxation, insurance and securities training courses.

Education Tax Benefits

Expert Instructors
Format
CPE CREDITS
4 Credits: Taxes

$116.00$136.00

Clear