TAX Services

Ok Parents!! I did some research on this 2441 Form “Child and Dependent Care Expenses”‼️‼️

•When filling for your taxes you can apply for this credit or exclusion that will get you $8,000 for 1 Qualifying Dependent and $16,000 for two Qualifying dependents‼️‼️

-It must also be employment related… Meaning if you worked or looked for work during the year‼️‼️
Your work can be for others or in your own business, it can be either in or out your home as well!!

•Chidlren under 13 qualifies for this credit ❤️❤️

I pretty much outlined all the facts of what I read! This money is ours , be sure y’all get this form off the irs website and send it in with your tax form!

If the state pay for your child care expenses you are not eligible ‼️‼️‼️‼️‼️
*I would also advice keeping all receipts or anything related to your child care expenses😊😊**

Good Morning beautiful people 🤩😃

Here’s a few updates for this upcoming tax season‼️

EARNED INCOME TAX CREDIT CHANGES FOR 2021

📢The maximum credit has been increased to $1,502 for childless taxpayers!

📢The minimum age has been decreased to 19 (if not in school , otherwise it’s 24)

📢There is no longer a maximum age.

📢 If 2021 income is less than 2019, you can use 2019 income to generate the EITC ; however it must be at least $1 (fully unemployed clients or clients with no income no longer qualify)

Mauri TrulyBlessed Wesley