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Daycare

What is the income limit for the daycare? 

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1 Reply
Alicia65
Employee Tax Expert

Daycare

I believe the question is What is the income limit to claim dependent care on your tax return. There is no limit. The percentage of the credit changes: You would fill out a form 2441 2023 Form 2441 (irs.gov)

The chart is almost at bottom of page 1

You are eligible to claim this credit if you (or your spouse in the case of a joint return) pay someone to care for one or more qualifying persons in order for you to work or look for work, and your income level is within the income limits set for the credit.  If you are married, you must file a joint return to claim the credit.  However, if you are legally separated or living apart from your spouse, you may be able to file a separate return and still claim the credit.  If you or your spouse was a full-time student, see Q17 and IRS Publication 503, Child and Dependent Care Expenses, for more information on eligibility.

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