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 Form 2441 2017

2017-2025 Form

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Instructions and help about Form 2441

Hello, I’m Tammy from Turbo Tax with some important information about the child and dependent care credit. Do you hire a professional to care for your children? Or maybe to take care of your spouse or other family member who can’t be left without supervision? Then you may want to hear more about how some of these expenses can save you money on your federal tax bill. The child and dependent care credit allows you to reduce the income tax you owe based on some of the expenses you incur for paying someone to provide care to your child or other dependent. But in order to take the credit, you must prepare Form 2441 with with your tax return and satisfy a some eligibility requirements. First, you must report earned income on your tax return— which is the compensation you receive for providing services, such as through employment. As you prepare Form 2441, you will notice that you must use the smaller of your earned income or care provider expenses to calculate the credit. So the more e

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