This lesson discusses the credit for child and dependent care expenses. Some taxpayers may not be aware of this credit. Your time and effort may result in a lower tax for the taxpayers.
To determine if a taxpayer is eligible for the credit, review the intake and interview sheet, apply the interview techniques and tools discussed in the Screening and Interviewing lesson, and let your probing interview be guided by the Credit for Child & Dependent Care Expenses decision tree and the tips in the Volunteer Resource Guide (Tab G).
Whether the taxpayer is filing a Form 1040 or Form 1040A, calculate the credit using Form 2441.
Do not confuse this credit with the child tax credit!