Credit for Employer-Provided Childcare Facilities and Services
GPTKB entity
Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
United States federal tax credit
|
| gptkbp:administeredBy |
gptkb:Internal_Revenue_Service
|
| gptkbp:alsoKnownAs |
IRS Form 8882
|
| gptkbp:appliesTo |
employers
|
| gptkbp:carrybackPeriod |
1 year
|
| gptkbp:carryforwardPeriod |
20 years
|
| gptkbp:cashBackRate |
10% of qualified childcare resource and referral expenditures
25% of qualified childcare facility expenditures |
| gptkbp:certification |
facility must comply with state and local laws
|
| gptkbp:eligibleExpenditures |
childcare resource and referral services
operating costs of childcare facilities costs to acquire, construct, rehabilitate, or expand property for childcare facilities |
| gptkbp:enactedBy |
Internal Revenue Code Section 45F
|
| https://www.w3.org/2000/01/rdf-schema#label |
Credit for Employer-Provided Childcare Facilities and Services
|
| gptkbp:introducedIn |
2001
|
| gptkbp:maximumLoanAmount |
$150,000 per year
|
| gptkbp:nonRefundable |
true
|
| gptkbp:publicLawNumber |
IRS Form 8882
|
| gptkbp:purpose |
to encourage employers to provide childcare assistance to employees
|
| gptkbp:relatedTo |
employee benefits
employer tax incentives |
| gptkbp:bfsParent |
gptkb:United_States_federal_income_tax
|
| gptkbp:bfsLayer |
7
|