Child Tax Benefits

You could qualify for child tax benefits if you:

  • Work;
  • Had children living with you; and
  • Earned less than $47,955 ($53,505 married filing jointly).

Earned Income Credit (EIC)

A special tax benefit for working people who earn low or moderate incomes. Workers who qualify for the EIC and file a tax return can get back some or all of the federal income tax they paid during the past year. They may also get extra cash back from the IRS.


Child and Dependent Care Expenses Tax Credit

If you paid someone to care for a qualifying individual so you (and your spouse if you're married) could work or look for work, you may be able to claim the credit for child and dependent care expenses. It can be used to lower the amount of taxes you owe and is 24% of your federal credit.


Vermont Low-Income Child and Dependent Care Tax Benefits

You may qualify for a low-income child and dependent care tax credit on your state income taxes if you use a "qualifying provider" (meaning the provider is accredited or has 3, 4, or 5 STARS). This is a 50% refundable credit based on your federal Child and Dependent Care Expenses Credit.

Please note: If you choose to take this credit on your Vermont Tax Form, you cannot apply for the Child and Dependent Care Expenses Tax Credit. Learn which providers qualified for the 2016 tax year.


For More Information

Child & Dependent Care Credit

Earned Income Tax Credit

Child Tax Credit and SSN/EIN Flyer


 

Child Development Division

Deputy Commissioner Reeva Murphy
DCF - Child Development Division
280 State Drive
Waterbury, VT 05671-1040
Phone: (802) 241-3110 or 1-800-649-2642
Fax: (802) 241-0846

http://dcf.vermont.gov/cdd

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