The Child Tax Credit
- The child must be under 17 at the end of the tax year
- The child must be your son, daughter, stepchild, foster child, sibling, or a descendant of any of these
- The child must have lived with you for more than half the year and be claimed as your dependent
The Child and Dependent Care Credit
What Records You Need to Keep
- Provider’s full name (person or business name)
- Provider’s address
- Employer Identification Number (EIN) or Social Security Number. This is critical. Without it, your credit can be denied.
- Total amount paid to each provider during the year
What to Bring Us at Tax Time
- Name, address, and EIN/SSN for all child care providers (daycare centers, babysitters, after-school programs, day camps)
- Total amounts paid to each provider during the year
- Number of children and their dates of birth
- Any Form W-10 or year-end statements provided by your care provider