Child and Dependent Care Tax Credit (CDCTC): Overview
With the average annual cost exceeding $13,000 per child, millions of American families struggle to afford quality child care. The Child and Dependent Care Tax Credit (CDCTC) provides some financial relief by allowing families to claim a portion of their child care expenses on their federal tax return.
It is the only federal tax credit specifically created to help working families offset child care costs. Learn more below.
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