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 Www Revenue State Mn Uschild and Dependent CareChild and Dependent Care CreditMinnesota Department of Revenue 2021

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The dependent care expense and household dependent deductions are refundable credits. You do not have to have a tax liability to claim the credits. If you qualify for both, you are allowed the greater of the two credits. Only one credit can be claimed. Credits for part-year residents are pro-rated and the credits are not available to nonresidents. This is a credit for eligible employment-related expenses for the care of dependent children under age 13 or a disabled dependent or spouse. The maximum credit amount is $240 if the taxpayer claims expenses for one qualifying dependent, or $480 if the taxpayer claims expenses for two or more qualifying dependents. Married taxpayers must file a joint federal income tax return to claim the credit. If a taxpayer resided in Massachusetts for part of the taxable year, a calculation is required. The total credit amount is multiplied by a fraction. The fraction numerator is the number of days the taxpayer resided in the Commonwealth for the taxable

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