Eligible child and dependent care expenses include services provided ... Your own child age 18 or younger If you’ve completed the worksheet and the amount of your credit seems low, several ...
Furthermore, the following chart shows how child care expenses jumped from 2019 to 2023, according to Care.com's 2024 Cost of Care Survey. Child care also varies greatly from state to state.
As the school year approaches, I am starting to receive a variety of questions about the child-care tax credit. Here's what you need to know: What expenses qualify for the child-care tax credit ...