Employer Provided Child Care Credit – 45F

Overview

Employers rely on affordable, quality child care to support a robust workforce – but it’s often out of reach for too many working parents. The Employer-Provided Child Care Credit (45F) encourages businesses to provide child care to their employees, by offering companies a tax credit to help cover some of the associated costs of child care.

This includes costs associated with purchasing, building or updating property that can be used as a child care facility, and for the operating costs, including supporting child care professionals through training, scholarships, and wages.

45F helps businesses share the expense of child care with employees. It is critical that Congress expand this tax provision to support businesses and parents.