Form 2441—Child and Dependent Care Expenses. There is a tax credit for the expenses of the child and other qualifying persons. Those who file taxes as married filing separately cannot claim this credit though. Your filing status must be other than married filing separately.
Form 2441 is used for figuring out the child and dependent care expenses as well as the credit amount. The Child and Dependent Care Credit can be worth up to 35% of some or all of the expenses. What portion of the expenses you can claim as part of this tax credit depends on your income.
For every $2,000, the Child and Dependent Care Credit get smaller by 1% for income over $43,000. There is also a limit on the expenses as well. For every qualifying child or dependent, the maximum expenses is $3,000. With that said, you can only claim 35% of these expenses at maximum and this would equal roughly $1,000.
If you’ve paid the expenses of more than one qualifying child or dependent, the Child and Dependent Care Credit you’re eligible to claim will be more than the maximum $1,000 or so.
File 2021 Form 2441 Online
Form 2441 can be filed with any e-file provider that the IRS accepts tax returns from. It’s also available on IRS Free File Fillable Forms. Click here to go to the Free File Fillable Forms to start filing 2441.
Those who are planning on filing a paper tax return can file Form 2441 on their computer and print out a paper copy. Start filling out Form 2441 below. Click the boxes you need to enter your information.
As soon as everything you need to enter on Form 2441 is done, click the download button on the upper right corner to save it as PDF. You can then print out Form 2441 you filed. You also have the option to print out without downloading it. Since filling out Form 2441 may take some time, we suggest saving it in case you lose your 2441.
Note: The IRS hasn’t updated the Form 2441 for use in the 2021 tax season. As soon as the agency releases it along with other related tax forms, we will keep you updated.