01/20/2022
π¨π¨π¨π¨π¨
If you paid up to $8,000 for 1 qualifying dependent or up to $16,000 for 2 or more qualifying dependents to be cared for in 2021, up to 50% of those expenses can be refunded to you. Child and dependent care expenses are refundable this year. There are income limits and other exceptions.
Did you not work in 2021, but you have dependent children under the age of 18? You can still get a refund.
Did you receive advance child credit payments, but are not claiming them again this year? You may not have to pay it back.
Ask your tax preparer. If you need a preparer, DM me. I am available for in-person and remote appointments.
π¨π¨π¨π¨π¨