Laws.com legal forms guide form 2441 is a United States Internal Revenue Service tax form used to apply for dependent care expenses. This form allows individuals to set aside pre-tax income for the care of a dependent child, disabled spouse, elderly parent, or any other physically or mentally disabled individual. Form 2441 can be obtained through the IRS's website or by obtaining the documents through a local tax office. The form must be attached to your regular 1040 tax return and filed alongside your yearly taxes. For Part 1 of the form, you must include your name or the organization that is caring for the dependent. Provide your name, address, taxpayer identification number, and the amount paid for dependent care expenses. If you did not receive dependent care benefits, you must fill out Part 2. If you did receive dependent care benefits, you can skip Part 2 and move on to Part 3. For Part 2, list the names of each dependent you are claiming for the tax credit. Indicate the total amount of expenses used for each qualifying dependent. Enter the amount of expenses on line 3, but do not exceed three thousand dollars for one person or six thousand dollars for two people. On line 4, enter your income from your 1040 tax form for the tax year. On line 5, put your spouse's income if applicable. Take the smallest amount from lines 3, 4, or 5 and put this amount in line 6. Put the appropriate amount from your 1040 form on line 7. Using the grid on line 8, determine your decimal amount according to the amount on line 7. Multiply line 6 by the decimal amount and put this number on line 9. Enter your tax liability limit on line 10. Select the smaller amount from line 9...
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Instructions 2441 Form: What You Should Know
If you received any eligible child or dependent care benefits for 2024 from a U.S. government program, you must take the amount of these benefits you may deduct under U.S. federal tax law as a deduction from your income using Form 4972 and Form 3121. If you received any U.S. government benefits other than a dependent care benefit, check the box in U.S. federal tax law stating that a child or dependent care benefit from these benefits is not a U.S. government benefit. Form 2441 — Deduction of Child or Dependent Care Expenses If you have no dependents and are filing for a child or dependent care deduction, enter the following information on line 1, column (a) of Form 2441 (and lines 15-17 on Form 941, if a filing a joint return). Use Form 941 and line 15-17 of Form 941-EZ. This is not the full Form 2441, as we're filing only for tax purposes. The child or dependent care expenses you're claiming are as follows: Line 20. Qualified child care expenses (including care of a qualifying child who is your spouse). Line 22. Qualified child care expenses for a qualifying child who is not your spouse. Line 23. Qualified child care expenses for a spouse. Line 24. Qualified child care expenses for an elderly person if the elderly person lives in your home, and you are required by law to furnish basic household services, including housekeeping, food preparation, and lawn care, to the elderly person. Enter “X” here only if the dependent care expense is for a nonresident child of the taxpayer. Add lines 20 and 23 and lines 24 and 25 if the qualifying child is an elder, qualifying disabled, or disabled person who resides in the home of the taxpayer or in any other home that the taxpayer occupies. Line 26. Qualified dependent care expenses. When a person can be expected to remain in your home or in a fixed, regularly scheduled place of residence, enter the fair market rental value of your home for a single family home; or, if the person's home is not a single family home, enter the fair market rental value of any other permanent residential property the person would occupy. Enter “X” here only if the dependent care expense is for a nonresident child of the taxpayer. Line 27. Qualified dependents (such as an elderly person).
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