Child and Dependent Care Credit

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:tax_law
gptkbp:administeredBy	gptkb:Internal_Revenue_Service
gptkbp:appliesTo	gptkb:United_States_federal_income_tax
gptkbp:compatibleWith	married filing separately (with exceptions)
gptkbp:eligibility	earned income care must be provided so taxpayer can work or look for work care provider cannot be spouse or parent of qualifying person
https://www.w3.org/2000/01/rdf-schema#label	Child and Dependent Care Credit
gptkbp:introducedIn	1976
gptkbp:location	gptkb:United_States
gptkbp:maximumExpensesForTwoOrMore	$6,000
gptkbp:maximumExpensesPerChild	$3,000
gptkbp:maximumPercentage	35%
gptkbp:minimumPercentage	20%
gptkbp:publicLawNumber	gptkb:Form_2441
gptkbp:purpose	to help taxpayers pay for care of qualifying persons while they work or look for work
gptkbp:qualifyingPerson	child under age 13 dependent incapable of self-care spouse incapable of self-care
gptkbp:reduces	employer-provided dependent care benefits
gptkbp:refundable	no
gptkbp:relatedTo	gptkb:Dependent_Care_Flexible_Spending_Account gptkb:Earned_Income_Tax_Credit
gptkbp:reportsTo	gptkb:IRS_Form_1040
gptkbp:subject	income phaseout
gptkbp:bfsParent	gptkb:Internal_Revenue_Code_Section_129 gptkb:United_States_federal_income_tax
gptkbp:bfsLayer	7