Child and Dependent Care Tax Credit
The Child and Dependent Care Credit or CDCC is a nonrefundable tax credit which can reduce your tax liability if you paid for childcare during the year. Use the tool below to determine if you are eligible for the credit. Once you have your answer, start your return on eFile.com and input your details - eFile helps you claim tax credits and deductions so you do not need to memorize which tax savings you qualify for.
This Child and Dependent Child Care Calculator—CAREucator—will let you know if you qualify for this non-refundable federal tax 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..
Did you have earned income during the year?
How is the Child Care Tax Credit calculated?
Note: This tax credit is not the same as the Child Tax Credit. The CAREucator tool will guide you through the following criteria to determine if you qualify for the credit:
- A: Qualifying Person
- B: Earned Income
- C: Work-Related Expense
- D: Joint Return
- E: Care Provider Identification
Start the CAREucator above to find out if you qualify for this credit. Or, start a tax return now and get the answer free before you e-file your upcoming return(s), which are due on Tax Day, usually April 15 and find out if you qualify for the Child and Dependent Care Credit. Or, use the current year tax estimator to find out the tax credit amount and how it will impact your tax return.
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