eTax.com Reminds Taxpayers About Child and Dependent Care Credit
The Child and Dependent Care Credit is up to 35% of the amount of their yearly expenses. The percentage is dependent upon your gross earnings. In order to qualify, you must fill out the form 2441.In general, you can claim the credit up to $3,000 worth of qualifying expenses for one child or dependent, and $6,000 if the care is for two or more.
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