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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.
You may be able to claim the credit if you pay someone to care for your dependent who is under age 13 or for your spouse or dependent who isn't able to care for themselves. The credit can be up to 35% of your employment-related expenses.
What is the child and dependent care tax credit? 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...
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.
If you paid someone to care for a child who was under age 13 when the care was provided and whom you claim as a dependent on your tax return, you may qualify for the Child and Dependent Care Credit.
If you paid for your child’s or a dependent’s care while you worked or looked for a job, you may be eligible for a credit on your tax return. 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.
What is the child and dependent care credit? This credit allows taxpayers to reduce their tax by a portion of their child and dependent care expenses. The credit may be claimed by taxpayers who, in order to work or look for work, pay someone to take care of their qualifying person. A qualifying person is a:
Learn about the Child and Dependent Care Credit to help offset the costs of caregiving expenses. See if you qualify with H&R Block. Apply today — you could get a loan for up to $1,300.
What Is the Child and Dependent Care Credit? The child and dependent care credit is a tax credit offered to taxpayers who pay out-of-pocket expenses for childcare. The credit...
If you paid someone to care for your child or dependent or another qualifying relative so you and/or your spouse could work, look for work, or go to school, then you may be able to claim the Child and Dependent Care Credit. Find out by launching the tool above.