If these expenses are part of your budget, you may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you’ll need to fill out IRS Form 2441 (Child ...

The federal child and dependent care tax credit (CDCTC) is a nonrefundable credit designed to help recover expenses associated with caring for a child under age 13 or a dependent with disabilities.

The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

Several lesser-known tax credits could help you save even more money. Here are a few you should know about before filing your ...

Learn More: American Opportunity Tax Credit ... might have access to a dependent care flexible spending account at work to put aside before-tax funds for child care expenses.

Some of the money for this larger tax credit comes from consolidating other child benefits into the CTC. For instance, the bill scraps the child and dependent care tax credit. The existing child ...

The child tax credit is a tax break that applies a credit to your income taxes for a qualifying child or children, potentially earning you a refund on your federal tax return. The value of the ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

Here’s what you need to know about tax credit qualifications and how to properly claim them. The Child ... their dependent or a third party pays qualified education expenses for higher ...

The child and dependent care credit offsets childcare costs for low- to moderate-income American families and can be claimed alongside other above-the-line tax deductions and tax credits.