Child and Dependent Care Expenses
GPTKB entity
Statements (26)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:tax_law
|
| gptkbp:appliesTo |
gptkb:United_States
|
| gptkbp:cardType |
nonrefundable tax credit
|
| gptkbp:claimMethod |
file with federal income tax return
|
| gptkbp:eligibleTaxpayer |
taxpayers who pay for care of a qualifying child or dependent
|
| https://www.w3.org/2000/01/rdf-schema#label |
Child and Dependent Care Expenses
|
| gptkbp:IRSCodeSection |
Section 21
|
| gptkbp:maximumExpenseLimit |
$3,000 for one qualifying person
$6,000 for two or more qualifying persons |
| gptkbp:maximumLoanAmount |
35% of qualifying expenses
|
| gptkbp:nonQualifyingExpense |
care provided by a child under age 19
overnight camp schooling costs for kindergarten and above |
| gptkbp:purpose |
to allow taxpayers to claim a credit for care expenses
|
| gptkbp:qualifyingPerson |
child under age 13
dependent incapable of self-care spouse incapable of self-care |
| gptkbp:relatedTo |
gptkb:Internal_Revenue_Service
gptkb:Dependent_Care_Flexible_Spending_Account gptkb:Form_2441 |
| gptkbp:requiredDocuments |
care provider's name, address, and taxpayer identification number
|
| gptkbp:requires |
care must enable taxpayer to work or look for work
taxpayer must have earned income care provider cannot be spouse or parent of the child |
| gptkbp:bfsParent |
gptkb:IRS_Form_2441
|
| gptkbp:bfsLayer |
5
|