Printable 2020 Montana Form DCAC (Dependent Care Assistance Credits)-2025

1. Click ‘Get Form’ to open the Printable 2020 Montana Form DCAC in the editor.
2. Begin by entering your name and Social Security Number (or Federal Employer Identification Number) as it appears on your Montana tax return at the top of the form.
3. In Part I, if you are a partner or shareholder, provide your portion of the dependent care assistance credit along with the business name and Federal Employer Identification Number.
4. For Part II, enter the total amount of dependent care assistance provided to employees in line 1, followed by the total number of employees in line 2. Calculate line 3 by dividing line 1 by line 2 or using $6,300, whichever is smaller.
5. Multiply the result from line 3 by 0.25 for line 4 and enter that amount or $1,575, whichever is smaller. Finally, multiply this amount by the number of employees for line 5 to determine your dependent care assistance credit.
6. In Part III, report any amounts paid for information and referral services in line 1 and calculate your credit in line 2 by multiplying that amount by 0.25.
7. Combine credits from Part II and Part III in Part IV to find your total dependent care assistance credit. Ensure this does not exceed your tax liability.

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