Child or Dependent Care Credit 2019

2019
Tax Year

You might have paid for childcare and dependent care in 2019. Find out if you might qualify for the 2019 Child or Dependent Care Credit by using the CAREuator below.  You don't have to read a lot of complicated tax documents. Just answer a few simple questions and you will know.

Even though, you can no longer eFile your 2019 Taxes you can estimate and prepare your 2019 Tax forms.


2021 Tax Tip for 2020 Tax Returns:


Use the CAREucator below for Tax Year 2019.

2019 CAREucator
Child and Dependent Care Tax Credit

 

Can You Claim the Child and Dependent Care Credit?

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Was the care for one or more IRS qualifying persons?

Who qualifies for the Child Tax Credit?

  • Any child who is your dependent and was under age 13 when the care was provided, or
  • Your spouse or dependent age 13 or over, if physically or mentally incapable of caring for themselves.

In addition, the Qualifying Person must have lived with you for more than half of the year. There are exceptions for a Qualifying Person who was born or died during the year, and for a child of divorced or separated parents.

  • The Child and Dependent Care Credit can be worth from 20% to 35% of some or all of the dependent care expenses you paid. The percentage you use depends on your income. If your income is below $15,000, you will qualify for the full 35%. The percentage falls by 1% for every additional $2,000 of income until it reaches 20% (for an income of $43,000 or more).
  • The 20%-35% is taken from up to $3,000 of expenses paid for one Qualifying Person, or from up to $6,000 of expenses paid for two or more Qualifying Persons. Therefore, the maximum Child and Dependent Care Credit is worth $2,100 (based on 2 or more dependents and $6,000 or more of qualifying expenses).
  • Before figuring the credit, you must reduce your qualifying expenses by any amount of child or dependent care benefits that were provided by your employer and that you deducted or excluded from your income.
  • The Child and Dependent Care Credit is not refundable, so it is not worth anything if you owe no income tax.

Learn more in IRS Publication 503 - Child and Dependent Care Expenses

For your current tax return eFile.com makes it easy for you to claim the Child and Dependent Care Credit on your tax return. We will prepare this form for you and your completed return will then include the Form 2441 Child and Dependent Care Expenses.

When you provide the information for the credit you must include the Social Security Number (SSN) of each qualifying person in order to claim the credit, as well as the name, address, and taxpayer identification number of your child or dependent care provider.

Did Somebody Claim Your Dependent?

A Qualifying Person for the Child and Dependent Care Credit may only be claimed on one tax return. If a dependent is claimed on more than one tax return (for example, a child is claimed by both divorced parents) the IRS will apply a set of tiebreaker rules to see who gets to claim the dependent.

Learn about the dependent tiebreaker rules and who gets to claim a child as a dependent

See what other tax credits and tax deductions may be available to you.

If you have to prepare back taxes for 2019, 2018, 2017 and so use this link: Back Taxes.

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