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Eligibility Requirements Thirty hours of paid work per week, including self-employment and/or education and training hours must be met to receive TCC. Eligibility is redetermined every twelve (12) months.
The percentage of qualifying expenses eligible for the credit increases from 35% to 50% The beginning of the reduction of the credit is increased from $15,000 to $125,000 of adjusted gross income (AGI). The credit is unavailable for any taxpayer with 2021 adjusted gross income over $438,000.
How to fill out the Childcare Costs Proof Letter Template? Obtain a header from your childcare provider. Fill in the names of the children and the providers details. Document the standard and non-standard hours along with associated costs. Calculate the total costs and deductions applicable.
Families earning over $80,000 may get a subsidy starting from 90%. This will go down by 1% for each $5,000 of income they earn above $80,000. The CCS percentage youre entitled to depends on your familys income. The income limit for CCS is increasing to $530,000.
Stabilization Grant Program. This investment would ensure child care providers continue to receive a stable and reliable source of funding to help them deliver high-quality child care for working families.

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As of October 2019, the income limit to qualify for assistance through Smart Steps was increased to $52,272 (85 percent of state median income), and the income limit for assistance for other families was increased to $36,900 (60 percent of state median income), to adjust for the updated state median income estimate.
If you or your partner have an expected adjusted net income over 100,000 in the current tax year, you will not be eligible.

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