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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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