Tag Archives: care provider
If you pay for the care of either a child or a dependent, you may qualify for a credit at tax time. Using Form 2441, taxpayers can claim their credit, however there are a variety of requirements you must meet first, so it’s important to understand all the rules. To claim the credit, you must […]
— Read moreIf you paid someone to care for a dependent in your household within the tax year, while you either worked or sought employment, you may be eligible to claim the Child and Dependent Care Tax Credit. The Requirements You must meet certain requirements in order to claim this credit. You must have paid for dependent […]
— Read moreHiring a professional to care for a disabled adult, or having to pay for childcare services for children under 13 can be costly. Luckily, the government has a tax credit which can help reduce these costs and put more money back into your pocket. The Child and Dependent Care Credit can put up to 35% […]
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