How do I qualify for the Credit for Child and Dependent Care?

Child and Dependent Care

In order to receive the Credit for Child and Dependent Care, you must meet the following conditions:

  1. Qualifying Child: You must take care of a child under 13 years of age,  a Spouse or dependent who lived with you more than half the year who is physically or mentally incapable of caring for themselves.
  2. Work-Related Expenses: Unless a married spouse was disabled or a full-time student,  you must take care of the individual so they could work or look for work.
  3. Earned Income: You must have earned income from wages, salaries, tips or other taxable employee compensation, or net earnings from self-employment.
  4. Expenses Limits: The care must have been provided for one or more qualifying persons, limited to $6,000.
  5. Dependent Care Benefits: If you get dependent care benefits from your employer, Form 2441 will be included with your tax return.
  6. Social Security Number: The SSN of each qualifying person must be included.
  7. Care Provider Information: The name or company, address, SSN, and the taxpayer identification number must be included.

Leave a Reply

Your email address will not be published. Required fields are marked *