Child and Dependent Care Tax Credit (CDCTC)

A federal tax credit designed to help parents and caregivers cover the costs of caring for a qualifying child or a disabled dependent, enabling the taxpayer to work or look for work.

The credit is a percentage (20% to 35% based on adjusted gross income) of work-related expenses paid for the care of a qualifying person. The maximum amount of expenses that can be used to calculate the credit is $3,000 for one qualifying person and $6,000 for two or more qualifying persons. The credit is non-refundable, meaning it can reduce tax liability to zero but any excess is not refunded.

This program entry is in draft status and may be incomplete. Check the official source for current details.

Eligibility

Contact the program directly for eligibility requirements.

Services

The credit is a percentage (20% to 35% based on adjusted gross income) of work-related expenses paid for the care of a qualifying person. The maximum amount of expenses that can be used to calculate the credit is $3,000 for one qualifying person and $6,000 for two or more qualifying persons. The credit is non-refundable, meaning it can reduce tax liability to zero but any excess is not refunded.

How to apply

Apply online or find more information at the official program page.