EPISODE · Jun 11, 2020 · 3 MIN
IRS News-Here’s who qualifies a taxpayer for the child and dependent care credit
from Tax & Current Accounting Topics
Here’s who qualifies a taxpayer for the child and dependent care credit https://www.irs.gov/newsroom/heres-wh https://accountinginstruction.info Childcare or adult dependent care can be a major expense. Fortunately, the child and dependent care credit can provide some relief. Taxpayers who pay for daycare expenses may be eligible to claim up to 35% of what they spend; limits apply. For the purposes of this credit, the IRS defines a qualifying person as: A taxpayer's dependent who is under age 13 when the care is provided.
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IRS News-Here’s who qualifies a taxpayer for the child and dependent care credit
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