Who Qualifies for the Child and Dependent Care Expenses Tax Credit?
If you pay for someone to care for your child or dependent so you can work or look for work, you probably qualify for this credit. • Your child or dependent must be under 13 years of age or, if 13 years or older, must be physically or mentally unable to care for herself or himself. • You must provide a home for the child or dependent. • Child or adult-care must be provided by a qualified daycare provider. Form 1040 filers claim the credit for child and dependent care expenses on Form 2441. Form 1040A filers claim it on Schedule 2. Who Qualifies for the Health Coverage Tax Credit? The Federal Health Coverage Tax Credit was created by the Trade Act of 2002 to help certain displaced workers and retirees pay for health insurance. The following individuals are eligible for this tax credit: • Trade-impacted workers who have lost their jobs because of increased imports or a shift in production to another country and are classified as eligible for Trade Adjustment Assistance or Alternative Tra