Here are the qualifications to receive NM's child care tax credit:
- Your adjusted gross income must not exceed $30,160
- Filer must have provided over half the cost of maintaining a household for one or more qualifying dependents for any portion of the tax year for which the credit is claimed.
- Filer must not have been a recipient of public assistance under TANF, the New Mexico Works Act, or any similar program during the portion of the tax year for which the credit is claimed.
- Qualifying expenses must be from care given in New Mexico for children under age fifteen, up to $8/day per child.
If you meet all of these qualifications and still are not receiving the credit, post back to this thread.
