Dependent Care Tax Credit

Article ID: 58746  

Question
Dependent Care Tax Credit

Answer

Refundable portion of the Child Care Credit. For Maine residents and part-year residents only. Up to $500 of your Child Care Credit is refundable. Enter the amount from line 5, or line 5a, of the worksheet for Child Care Credit. Enclose worksheet.

Nonrefundable portion of the Child Care Credit. Enter the amount from line 6, or line 6a, of the worksheet for Child Care Credit. Enclose worksheet.

Child and dependent care credit. 36 M.R.S. § 5218(4).  For tax years beginning on or after January 1, 2016, the credit for child and dependentcare expenses is no longer refundable for nonresident taxpayers.

 

 


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Views: 2643 Created on: Jun 15, 2013