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{"id":14401,"date":"2015-04-01T15:33:03","date_gmt":"2015-04-01T15:33:03","guid":{"rendered":"http:\/\/www.seonewswire.net\/2015\/04\/dont-forget-dependent-care-tax-breaks-on-your-2014-return\/"},"modified":"2015-04-01T15:33:03","modified_gmt":"2015-04-01T15:33:03","slug":"dont-forget-dependent-care-tax-breaks-on-your-2014-return","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2015\/04\/dont-forget-dependent-care-tax-breaks-on-your-2014-return\/","title":{"rendered":"Don\u2019t Forget Dependent Care Tax Breaks on Your 2014 Return"},"content":{"rendered":"

\"Littman<\/p>\n

By Tom Breedlove, Director, Care.com HomePay<\/a><\/p>\n

As the April 15th<\/sup> tax filing deadline gets closer, those who have put off their taxes until the last minute \u2013 and there are a lot of us \u2013 are apt to forgetting minor details that can impact our returns. In the household employment world, two commonly overlooked tax-time items for New York families are the federal and state dependent care tax breaks.<\/p>\n

To qualify for these, both spouses must either be working or a full-time student and have expenses related to the care of someone they can claim as a dependent. For the federal tax break, families should use IRS Form 2441. They may itemize up to $3,000 for 1 dependent and $6,000 for 2 or more dependents. Most families will receive a 20% tax credit on these expenses, saving up to $600 if they have 1 dependent and up to $1,200 if they have 2 (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Tom Breedlove, Director, Care.com HomePay As the April 15th tax filing deadline gets closer, those who have put off their taxes until the last minute \u2013 and there are a lot of us \u2013 are apt to forgetting minor…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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