In 2021, the child tax credit offers: Your deductible childcare costs per year maximum childcare costs. City Income Tax Return For Individuals Spreadsheet Tax Return Income Tax Income Tax Return For tax years through 2020, the dependent care credit is 20% to 35% of qualified expenses. Child care tax credit calculator . Use this calculator to find out how much you could get towards approved childcare, including: The maximum amount of qualified expenses you’re allowed to calculate the credit is: The dctc is a tax credit families receive based on how much they paid in child care. The credit is calculated based on your income and a percentage of expenses that you incur for the care of qualifying persons to enable you to go to work, look for work, or attend school. Find answers on this page about the child tax credit payment, the calculator, and why you may want to use the irs child tax credit portal. Earned income tax credit (eitc) for 3+ dependents, up to. The americ...