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mizael1992
New Member

Stay at home mother tax credit

Is there a stay at home mother tax credit ?
1 Best answer

Accepted Solutions
LinaJ2018
Intuit Alumni

Stay at home mother tax credit

No, there is no special tax credit for being a stay at home mother, unfortunately. 

If you are married, you can file a joint return with your spouse. The Married Filing Jointly filing status gives you a higher tax break, even if one spouse had little or no income. When you file a joint return, you and your spouse will each receive the $4,200 personal exemption, plus the married filing jointly standard deduction of $24,400 (add $1,300 for each spouse over the age of 65).  You might also be eligible for more credits including education credits, earned income credit, child and dependent care credit, and larger income limitations for claiming the child tax credit

 

[Edited 4/13/2020 | 3:29 PM]

 

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1 Reply
LinaJ2018
Intuit Alumni

Stay at home mother tax credit

No, there is no special tax credit for being a stay at home mother, unfortunately. 

If you are married, you can file a joint return with your spouse. The Married Filing Jointly filing status gives you a higher tax break, even if one spouse had little or no income. When you file a joint return, you and your spouse will each receive the $4,200 personal exemption, plus the married filing jointly standard deduction of $24,400 (add $1,300 for each spouse over the age of 65).  You might also be eligible for more credits including education credits, earned income credit, child and dependent care credit, and larger income limitations for claiming the child tax credit

 

[Edited 4/13/2020 | 3:29 PM]

 

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