![]() ![]() ![]() If the care provider is a tax-exempt organization, you need only report the name and address of the organization on your return. You must report the name, address, and TIN (either the social security number or the employer identification number) of the care provider on your return. You must identify all persons or organizations that provide care for your child or dependent. See the topic Earned Income Limit in Publication 503 PDF for further information. Your or your spouse’s earned income for each month is $250 if there is one qualifying person ($500 if two or more qualifying individuals). If you or your spouse is a full-time student or incapable of self-care, then you or your spouse is treated as having earned income for each month that you or your spouse is a full-time student or incapable of self-care. Additionally, in general, the expenses claimed may not exceed the smaller of your earned income or your spouse's earned income. In general, you can exclude up to $5,000 for dependent care benefits received from your employer. You must reduce the expenses primarily for the care of the individual by the amount of any dependent care benefits provided by your employer that you exclude from gross income. You should divide the expenses between amounts that are primarily for the care of the individual and amounts that aren't primarily for the care of the individual. The care may be provided in the household or outside the household however, don't include any amounts that aren't primarily for the well-being of the individual. Taxpayer Identification Number (TIN) - You must provide the TIN (usually the social security number) of each qualifying individual. Individual Qualifying for Part of Year - If an individual is a qualifying individual for only a part of the tax year, only those expenses paid for care of the individual during that part of the year are included in calculating the credit. Physically or Mentally Not Able to Care for Oneself - An individual is physically or mentally incapable of self-care if, as a result of a physical or mental defect, the individual is incapable of caring for his or her hygiene or nutritional needs or requires the full-time attention of another person for the individual's own safety or the safety of others.Ĭhildren of Divorced or Separated Parents or Parents Living Apart - A noncustodial parent who is claiming a child as a dependent should review the rules under the topic Child of divorced or separated parents or parents living apart in Publication 503 PDF, because a child may be treated as the qualifying individual of the custodial parent for the child and dependent care credit, even if the noncustodial parent is entitled to claim the child as a dependent. An individual who was physically or mentally incapable of self-care, lived with you for more than half of the year, and either: (a) was your dependent or (b) could have been your dependent except that he or she received gross income of $4,400 or more, or filed a joint return, or you (or your spouse, if filing jointly) could have been claimed as a dependent on another taxpayer's 2022 return.Your spouse who was physically or mentally incapable of self-care and lived with you for more than half of the year, or.Your dependent qualifying child who was under age 13 when the care was provided,.Qualifying IndividualĪ qualifying individual for the child and dependent care credit is: If you received dependent care benefits that you exclude or deduct from your income, you must subtract the amount of those benefits from the dollar limit that applies to you. Expenses paid for the care of a qualifying individual are eligible expenses if the primary reason for paying the expense is to assure the individual's well-being and protection. The total expenses that you may use to calculate the credit may not be more than $3,000 (for one qualifying individual) or $6,000 (for two or more qualifying individuals). The percentage depends on your adjusted gross income. The amount of the credit is a percentage of the amount of work-related expenses you paid to a care provider for the care of a qualifying individual. However, see What’s Your Filing Status? in Publication 503, Child and Dependent Care Expenses, which describes an exception for certain taxpayers living apart from their spouse and meeting other requirements. Generally, you may not take this credit if your filing status is married filing separately. ![]() You may be able to claim the child and dependent care credit if you paid expenses for the care of a qualifying individual to enable you (and your spouse, if filing a joint return) to work or actively look for work. ![]()
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