United States: Federal Child and Dependent Care Tax Credit
National Participant & Spending Data
Participants
Number of recipients
| Number of recipients (tax filers)1 | 6.3 million tax filers (2004)2 |
|---|
Spending
Total spending
| Total spending (federal)1 | $3.3 billion (2004)3 |
|---|
Data Notes and Sources
Data on the Federal Child and Dependent Care Tax Credit were compiled by NCCP in May 2007.
- Michael Parisi and Scott Hollenbeck, "Individual Income Tax Returns, 2004," Statistics of Income (SOI) Bulletin, Fall 2007: 9-15.
- Credit may be claimed for care of qualifying children or a disabled spouse; figure reflects total number of claimants.
- Credit may be claimed for care of qualifying children or a disabled spouse; figure reflects total spending on credit.
