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Can I Claim the Child Tax Credit Plus the Child and Dependent Care Credit?

Lynnette Khalfani-Cox, The Money Coach by Lynnette Khalfani-Cox, The Money Coach
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Q: Can I claim the child tax credit plus the child and dependent care credit?

A: As long as you legally qualify for both credits, you are allowed to claim both the Child Tax Credit and the Child and Dependent Care Credit, according to IRS rules.

To claim these credits on your taxes, simply calculate the amounts of the credits to which you are entitled, then file your 1040 tax return plus any other required forms.

For most taxpayers, no extra form or special schedule is required to claim the Child Tax Credit. You just claim it right on line 51 of your 1040 (or on line 33 of 1040A).

However, if you are claiming the Child Tax Credit for a dependent child who has an ITIN, then you must attach Schedule 8812, Child Tax Credit, to your 1040 or 1040A form.

Likewise, if you are claiming the Child and Dependent Care Credit, you are required to complete IRS Form 2441, Child and Dependent Care Expenses, and submit that form to the IRS along with your 1040.

For more information on these credits, be sure to review IRS Publication 503, Child and Dependent Care Credit, and IRS Publication, 972 Child Tax Credit.

Tags: child and dependent care creditchild tax creditIRS Form 2441IRS Publication 503Schedule 8812
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All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

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