Child And Dependent Care Credit
The Household and Dependent Care Credit is a nonrefundable tax credit available to United States taxpayers. Taxpayers that care for a qualifying individual are eligible. The purpose of the credit is to allow the taxpayer (or their spouse, if married) to be gainfully employed. This credit is created by 26 U.S.C. ยง 21, section 21 of the Internal Revenue Code.
Read more about Child And Dependent Care Credit: Background, General Eligibility Requirements
Famous quotes containing the words child, dependent, care and/or credit:
“A child of three cannot raise its chubby fist to its mouth to remove a piece of carpet which it is through eating, without being made the subject of a psychological seminar of child-welfare experts, and written up, along with five hundred other children of three who have put their hands to their mouths for the same reason.”
—Robert Benchley (1889–1945)
“For my part, I have no hesitation in saying that although the American woman never leaves her domestic sphere and is in some respects very dependent within it, nowhere does she enjoy a higher station . . . if anyone asks me what I think the chief cause of the extraordinary prosperity and growing power of this nation, I should answer that it is due to the superiority of their woman.”
—Alexis de Tocqueville (1805–1859)
“Probably more than youngsters at any age, early adolescents expect the adults they care about to demonstrate the virtues they want demonstrated. They also tend to expect adults they admire to be absolutely perfect. When adults disappoint them, they can be critical and intolerant.”
—The Lions Clubs International and the Quest Nation. The Surprising Years, I, ch.4 (1985)
“To act the part of a true friend requires more conscientious feeling than to fill with credit and complacency any other station or capacity in social life.”
—Sarah Ellis (1812–1872)