The dependent care tax credit is different than the child tax credit, and this article is intended to help you understand how to claim the childcare tax credit. If you qualify, you may only claim expenses up to: $3,000 for 1 person; $6,000 for 2 or more people; You will receive a percentage of the amount you paid as a credit. Sarah Tew/CNET If you're paying for any child care services in … The child and dependent care credit means parents can write off expenses such as a day care center or in-home carer. The maximum expense that can be used to calculate the child and dependent care credit is $3,000 for one child or $6,000 for two or more children, reduced by any excluded dependent care benefit (DCB) received. The Child And Dependent Care Credit is complicated, and it can confuse a lot of taxpayers. The child and dependent care tax credit can be claimed for certain expenses related to childcare services up to $8,000 for one child and $16,000 for two or … The Child Care Tax Credit helps working parents pay for daycare expenses for children under 13, incapacitated spouses and qualifying adult dependents. What is the Child and Dependent Care Credit? Not quite! Answer. You can calculate your credit here. Your Adjusted Gross Income (AGI) determines how much you can claim back. The child and dependent care tax credit is available for almost anyone who has a dependent and is working. So the question is, can the remaining $7,000 be used for the child and dependent care credit? The child and dependent care tax credit is a percentage, based on your adjusted gross income (AGI), of the amount of work-related childcare expenses you paid during the year. The Child and Dependent Care Credit (not to be confused with the similar-sounding Child Tax Credit) can reduce your tax bill if you paid for a dependent's care so that you could work or look for work.. To qualify for this credit, you must meet all of these criteria:. The Child and Dependent Care Tax Credit is worth anywhere from 20% to 35% of qualifying care expenses. While there are a handful of tax credits and deductions within the tax code that support families with children, the only provision in the tax code created specifically to help families with the cost of child care is the Child and Dependent Care Tax Credit (CDCTC) – often referred to as the child care tax credit.The Child Tax Credit (CTC) is completely separate from the CDCTC. What you'll get. You (and your spouse, if filing jointly) must have earned income. The percentage you use depends on your income. If you qualify, you can claim up to $3,000 of care expenses for one dependent or $6,000 for two or more dependents. 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