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Health & Fitness

Child Dependent Care Credit

The Child and Dependent Care Credit can help offset some of the costs you pay for the care of your child, a dependent, or a spouse so that you can work or look for work. The credit ranges from 35% of qualified expenses for lower-income taxpayers down to 20% for higher-income taxpayers. Qualified expenses are limited to $3,000 for one and $6,000 for two qualified individuals.

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