Tax Credit For Child And Dependent Care Expenses

A

101

Maximum Allowable Amount Of Care Expenses If You Have 3 Children

$6,000

249

How many inches in a yard?

36

399

What is the average percent you can claim? (Its a range)

20-35%

455

Can you write off child care if you pay cash?

Yes

999

what do you calla piece of land that almost surrounded by water?

A peninsula 

X

101

How many syllables in the word Mississippi? 

4

249

What is the # on the IRS form

2441

399

Can I claim a 20 year old if they dont go to college?

No

455

What are some examples of expenses you can claim?

- Nanny

- Daycare

- Preschool

- Day Camp

999

Where can you find the IRS form 2441?

On The IRS Website

H

101

What are Hagen and Henry's middle names?

Vance and Alan

249

Can you pay a babysitter in cash?

Yes, but its better for deductions to not. 

399

How many letters in the spanish alphabet?

27

455

Can you deduct babysitter expenses?

Yes

999

What info do you need to get from your childcare provider?

- Name

- Adress

- Taxpayer Id #

- Social security #   OR

- Employer ID #

- Total Amount Paid

F

101

What type of animal is a silverback?

Gorrilla

249

How much money can you make before you cant claim child or dependent deductions. 

$438,000

399

How much money can a child make and still be claimed as a dependent?

$5,200

455

Which freezes faster hot or cold water?

Hot

999

What do you call a group of flamingos?

A Flamboyance

(Z)

101

What can you claim if you have 1 child?

Up to $3,000

249

Can you claim a child thats older than you or your spouse?

No

399

Whats the square root of 64?

8

455

Can I claim a 24 year old if they go to college?

Yes.

999

What is the only planet to rotate clockwise the the solar system?

Venus