Tax Credits

Low Income Child & Dependent Care Credit -
32 V.S.A. § 5828c

Purpose: Provide assistance to working parents and caregivers.

Credit Amount: 50% of Federal child and dependent care tax credit. This is a refundable credit.

Credit Limitation:
Receive Federal tax credit
AGI for Single of Head of Household - $29,999 or less
AGI for Married Joint or Civil Union Joint - $39,999 or less
Care provided by provider accredited by Agency of Human Services
Replaces the 24% of Federal credit for those eligible

Click here to Calculate Credit Amount
based only on accredited providers

Click here to view list of
2007 Accredited Child Care Providers

For More Information:
Vermont Department of Taxes
133 State Street
Montpelier, Vermont 05633
Tel: 866-828-2865 (toll-free in Vermont)
802-828-2865 (local & out-of-state)

Other Tax Credits:
- Affordable Housing
- Angel Venture Capital
- Charitable Housing
- Commercial Film Production
- Income Tax Paid to Another
  State or Canadian Province
- Low Income Child &
  Dependent Care
- Qualified Sale of Mobile
  Home Park
- Vermont Earned Income
  Credit
- Vermont Employment
  Growth Incentive (VEGI)
- Vermont Higher Education
  Investment
- Vermont Seed Capital Fund