Jun 11, 2021 · The child and dependent care credit is a tax credit that may help you pay for the care of eligible children and other dependents (qualifying persons). The credit is calculated based on your income and a percentage of expenses that you incur for the care of qualifying persons to enable you to go to work, look for work, or attend school.

Do you pay child and dependent care expenses so you can work? You may be eligible for a federal income tax credit. Find out if you qualify.

Oct 3, 2024 · The child and dependent care credit (CDCC) is a tax credit for parents or caregivers to help cover the cost of qualified care expenses for a child under 13, a spouse or parent unable to...

Jan 9, 2025 · The federal child and dependent care tax credit (CDCTC) is a nonrefundable credit designed to help recover expenses associated with caring for a child under age 13 or a dependent with...

Jan 2, 2025 · You may be able to claim the child and dependent care credit if you paid expenses for the care of a qualifying individual to enable you (and your spouse, if filing a joint return) to work or actively look for work.

Jan 22, 2025 · If you’re paying for care while you work, the Child and Dependent Care Credit may help. Learn how this credit can offset your care costs and reduce your tax bill by hundreds or even thousands of dollars.

Jan 23, 2025 · What is the child tax credit? The child tax credit is a tax benefit for people with dependent children under 17. Eligibility depends on filing status, income and the child's...

Jan 21, 2025 · Millions of working families rely on family tax credits like the child tax credit (CTC) to support household bills like food, housing, child care, and education. Claiming these and...

Nov 19, 2024 · Your eligibility to claim the child and dependent care credit will depend on the amount you paid to care for a qualifying child, spouse, or other dependent. Find out how the child and dependent care credit works, if you qualify, and how to report the claim on your tax return.

The Child and Dependent Care Tax Credit is aimed at supporting families to offset the costs associated with child care or care for a dependent with a disability. It is a credit that is provided to qualifying taxpayers who pay for child or dependent care expenses.