2022 DEPENDENT CARE CREDIT | $4000 – $8000 Tax Refund Boost

The Dependent Care Credit is going to be responsible for massive increases in individual tax refunds for Tax Season 2022! For tax year 2021 the IRS has allowed for upto $16,000 of qualified childcare expenses to be claimed toward the credit.

That works out to be $.50 on the dollar for qualifying taxpayers! We strive to keep you informed about tax related issues that matter to YOU.

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As always, if you need tax preparation services I am available to assist; in-person or remotely.

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#2022, #Child and Dependent Care Credit, #Dependent Care Credit, #IRS Form 2441, #Tax News YOU Can Use

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