Child and Dependent Care Expense Credit
On this page find instructions and information on the Child and Dependent Care Expense Credit.
- Tax Credit Code: 202
Summary
O.C.G.A. § 48-7-29.10 provides taxpayers with a credit for qualified child and dependent care expenses.
The credit is 50% of the credit claimed and allowed under Section 21 of the Internal Revenue Code and claimed by the taxpayer on the taxpayer’s Federal income tax return. The total amount of the tax credit for a taxable year cannot exceed the taxpayer’s income tax liability. This credit cannot be carried forward or carried back to prior years’ tax liability