Child Care and the Federal Tax Code References – 2025
Snapshot
- U.S. Census Bureau, 2022: ACS 5-Year Estimates, Table B09001.
- U.S. Census Bureau, 2022: ACS 5-Year Estimates, Table B23008.
- Child Care Aware of America, “Child Care at a Standstill: Price and Landscape Analysis ” Available at https://www.childcareaware.org/thechildcarestandstill/
- Tax Policy Center, Urban Institute and Brookings Institution, Child and Dependent Care Tax Credits (May 2024).
- Society for Human Resource Management (SHRM), https://www.shrm.org/topics-tools/tools/hr-answers/dependent-care-assistance-plan-dcap
- U.S. Government Accountability Office (GAO), “The 45F Tax Credit for Employer Provided Child Care”
Comparison Chart
- Child Care Aware of America, “Child Care at a Standstill: Price and Landscape Analysis ” Available at https://www.childcareaware.org/thechildcarestandstill/
- CRS, “The 45F Tax Credit for Employer-Provided Child Care” Available at https://crsreports.congress.gov/product/pdf/IF/IF12379
- FFYF Letter. Available at https://bit.ly/2023TaxCredits
CDCTC
- Child Care Aware of America, “Child Care at a Standstill: Price and Landscape Analysis” .
- FFYF, “Federal Tax Provisions That Support Child Care” (2023).
- An adult dependent is a person who isn’t mentally or physically able to care for himself or herself and lives with the taxpayer for more than half the year
- Congressional Research Services, “Child and Dependent Care Tax Benefits: How They Work and Who Receives Them” (2021).
- Child Care Aware of America, “Child Care at a Standstill: Price and Landscape Analysis” .
- Internal Revenue Service (IRS), SOI tax stats – Historic Tables
- Tax Policy Center, “Key Elements of the U.S. Tax System” (2020).
- Linda K. Smith,Kathlyn McHenry, Bipartisan Policy Center, “How Two Tax Policies Help Working Families Access and Afford Child Care” (2021).
- FFYF, “The First Five Things To Know About: Federal Funding for Early Learning and Child Care” (2023).
- Child Care Aware of America, “Child Care at a Standstill: Price and Landscape Analysis”
- FFYF, “Side-By-Side: Comparing Tax Bills, 2024 (2024).
- FFYF, “Federal Tax Provisions That Support Child Care” (2023).
45F
- Child Care Aware of America, “Child Care at a Standstill: Price and Landscape Analysis”
- FFYF, “Federal Tax Provisions That Support Child Care”
- U.S. Government Accountability Office (GAO), “The 45F Tax Credit for EmployerProvided Child Care”
- FFYF, “New Polling on Child Care and the 2024 Election”
- FFYF, “Federal Tax Provisions That Support Child Care”
DCAP
- FFYF, “Federal Tax Provisions That Support Child Care”
- Child Care Aware of America, “Child Care at a Standstill: Price and Landscape Analysis ”
- U.S. Bureau of Labor Statistics, “Employee Benefits”
- FFYF, “Child and Dependent Care Tax Credit”
- FFYF, “Federal Tax Provisions That Support Child Care”
AUGUST 2024 LETTER
- https://info.childcareaware.org/hubfs/2023_Affordability_Analysis.pdf
- https://bipartisanpolicy.org/report/child-care-gap/
- https://bipartisanpolicy.org/blog/rural-communities-feel-lack-of-child-care-options-more-acutely/
- https://bipartisanpolicy.org/blog/child-care-poll/
- www.strongnation.org/articles/2038-122-billion-the-growing-annual-cost-of-the-infant-toddler-child-care-crisis
- www.childcareaware.org/thechildcarestandstill/
- www.ffyf.org/wp-content/uploads/2024/01/Caucus-Tax-Letter.pdf
- www.ffyf.org/2024/05/16/new-polling-on-child-care-and-the-2024-election/
CDCTC v CTC:
- The Annie E. Casey Foundation, “Most Common Uses of 2021 Child Tax Credit Payments: Food, Utilities, Housing, Clothes”
- AGI is gross income, minus adjustments to that income for certain types of payments, such as student loan interest, alimony, retirement contributions, or health savings account contributions, an individual has made during the year.
- Congressional Research Service, “Child and Dependent Care Tax Benefits: How They Work and Who Receives Them” (2021).
- MAGI is adjusted gross income (AGI) plus these, if any: untaxed foreign income, non-taxable Social Security benefits, and tax-exempt interest. MAGI doesn’t include Supplemental Security Income (SSI) interest. For many people, MAGI is identical or very close to adjusted gross income. If a taxpayer’s MAGI exceeds the above
- U.S. Census Bureau, “2022: ACS 5-Year Estimates, B23008
- Center on Budget and Policy Priorities “The Child Tax Credit” https://www.cbpp.org/sites/default/files/atoms/files/policybasics-ctc.pdf