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Credit for Child and Dependent Care Expenses
What is the Credit for Child and Dependent Care Expenses?
The Credit for Child and Dependent Care Expenses is a tax credit that can lower the amount of income tax you owe and increase any refund you might receive.
How do I qualify?
If you pay someone to care for your child under the age of 13 or another dependent who is not able to care of him or herself, you may be eligible for this tax credit. To qualify, you must pay the child or dependent care expenses so you can work or look for work.
Where can I receive more information?
Information is available in IRS Publication 503. A copy of the tax credit application form and the IRS Publication is available at the following web site: www.irs.gov or by calling the IRS at 1-800-829-3676, or you can call the IRS directly at: 1-800-829-1040 for assistance.
Are there any other resources that can help determine if I qualify?
Certified Public Accountants and other tax professionals can provide free or low-cost help, during tax time, at local libraries and churches to determine if you qualify for these tax benefits.
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