The Child Care Services (CCS) program provides scholarships for child care. Child care scholarships are available to help parents work, search for work, or attend school or job training. The CCS program works to inform parents about the availability and benefits of high-quality child care.
2024. No. However, the more you earn, the lower the percentage of employmentrelated expenses that are considered in determining the credit. Once your adjusted gross income is over $43,000, the maximum credit is 20% of your dependent care expenses ($3,000 X 20% = $600).
Income Requirements Family SizeAnnual Income LimitMonthly Income Limit 1 $56,488.48 $4,707.37 2 $73,869.56 $6,155.80 3 $91,250.63 $7,604.22 4 $108,631.70 $9,052.642 more rows
How much you should spend on child care costs. As mentioned above, the Department of Health and Human Services states that child care is "affordable" when it is 7% or less of your income.