Delaware Child Care Credit
The Delaware Child Care Credit is a non-refundable credit available to resident individuals, designed to offset the cost of child and dependent care expenses. This credit is directly tied to the federal child and dependent care credit, allowing Delaware taxpayers to claim 50% of the federal credit amount.
Eligibility and Calculation
- Available only to resident individuals filing Delaware Form PIT-RES.
- Must attach federal Form 2441 (Child and Dependent Care Credit) to your Delaware return.
- Calculate the credit by multiplying the federal credit amount (from Line 11 of Form 2441) by 50% (0.50).
- The maximum credit allowed is $3,000, regardless of the federal amount.
- Do not confuse this with the Child Tax Credit, which is not allowed on Delaware returns.
How to Claim the Credit
To claim the Delaware Child Care Credit, follow these steps:
- Complete federal Form 2441 and obtain the amount from Line 11.
- Multiply that amount by 50% (0.50).
- Enter the result on Line 31 of your Delaware Form PIT-RES.
- Ensure the amount does not exceed $3,000.
Important Notes
- The total of all non-refundable credits (Lines 27a through 31 on Form PIT-RES) cannot exceed your Delaware tax liability (Line 26).
- This credit is not available for non-residents or part-year residents filing Form PIT-NON.
Source:
PIT-RES Instructions
Disclaimer: Always verify details with official forms and instructions from the Federal or State Department of Revenue.