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hill2ch
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What is the annual gross income to qualify for the child care credit?

 
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What is the annual gross income to qualify for the child care credit?

If you're referring to the Child and Dependent Care credit reported on Form 2441, there's no minimum AGI to qualify -- you simply must have received earned income

 

And, unlike most credits, there's not an upper limit at which the credit phases out.  The Child and Dependent Care Credit gets smaller as adjusted gross income gets higher, but it doesn't completely disappear.

 

See the TurboTax blog The Ins and Outs of the Child and Dependent Care Credit for more information.

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2 Replies

What is the annual gross income to qualify for the child care credit?

Child care----for paying a babysitter while you  work?

Or child tax credit?

 

 

https://ttlc.intuit.com/questions/1900643-what-is-the-child-and-dependent-care-credit

 

 

 

 

https://ttlc.intuit.com/questions/1900923-what-is-the-child-tax-credit

 

https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/additional-child-tax-credit/L6x...

https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-f...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

What is the annual gross income to qualify for the child care credit?

If you're referring to the Child and Dependent Care credit reported on Form 2441, there's no minimum AGI to qualify -- you simply must have received earned income

 

And, unlike most credits, there's not an upper limit at which the credit phases out.  The Child and Dependent Care Credit gets smaller as adjusted gross income gets higher, but it doesn't completely disappear.

 

See the TurboTax blog The Ins and Outs of the Child and Dependent Care Credit for more information.

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