Tag Archives: child and dependent care credit

USA IRS Tax : Understanding the child and dependent care credit

By | March 2, 2022

Understanding the child and dependent care credit Taxpayers who are paying someone to take care of their children or another member of household while they work, may qualify for child and dependent care credit regardless of their income. For tax year 2021, the maximum eligible expense for this credit is $8,000 for one child and $16,000 for… Read More »