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Does the IRS define 'child services' for the dependent care tax credit?
Hello Community,
Does the IRS define 'child services' for the dependent care tax credit?
We have a rather unique situation. We homeschool our children and both my wife and I work from home in W2 roles. We don't use traditional child care programs, centers, etc., but do enroll our kids in various art programs that allow us time to for uninterrupted work. Would the program tuition for non-traditional child care be acceptable for the credit or does the IRS have a definition for Child Care that must conform to be allowed?
Thank you in advance for your help.
Does the IRS define 'child services' for the dependent care tax credit?
We have a rather unique situation. We homeschool our children and both my wife and I work from home in W2 roles. We don't use traditional child care programs, centers, etc., but do enroll our kids in various art programs that allow us time to for uninterrupted work. Would the program tuition for non-traditional child care be acceptable for the credit or does the IRS have a definition for Child Care that must conform to be allowed?
Thank you in advance for your help.
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‎February 1, 2024
9:28 AM