A man in a suit holds a wad of bills in his hand. — Don't forget to claim this IRS tax credit | Grok

Camara — Don't forget to claim this IRS tax credit | Grok

Total relief for millions of Americans: this from the SSA about the IRS calms many

Millions of American families are celebrating: this nod from Social Security and the IRS was necessary

26/05/2025 11:31:00h

Miguel Cuartas Ortego

Millions of families in the United States are receiving financial relief thanks to a key aid that connects Social Security (SSA) and the Internal Revenue Service (IRS). It is the Child and Dependent Care Tax Credit. A benefit that can significantly reduce the tax burden of those who pay for the care of their parents or other individuals while they work or look for employment.

Take note of this interesting IRS tax credit: who can apply for it

The Child and Dependent Care Tax Credit allows taxpayers to deduct between 20% and 35% of expenses related to the care of qualified individuals. It goes up to a maximum of $3,000 for one person or $6,000 for two or more.

A man in a dark suit and red tie holds several dollar bills in front of a sign that says

This SSA thing is very useful for Americans | Grok

This benefit is designed for those who pay for the care of a child under 13, a spouse, or a dependent who can't care for themselves. All with the aim of being able to work or look for employment.

How is the SSA related to this credit? Eligibility requirements

The Social Security Administration (SSA) has clarified that receiving Social Security benefits or Supplemental Security Income (SSI) doesn't prevent a person from being eligible for this tax credit. As long as the requirements established by the IRS are met, SSA beneficiaries can apply for this aid.

To qualify for this credit, you must have paid for the care of a qualified person to be able to work or look for work. You must have earned income during the tax year.

A man with a surprised expression looks at a fan of hundred-dollar bills in an urban setting with tall buildings and a waving United States flag in the background.

Everything is easy with the SSA | Getty Images, nadianb, en.elcierredigital.com

Meanwhile, provide the caregiver's information, including their name, address, and identification number. Submit Form 2441 along with your tax return.

Advantages offered by this credit and how to apply for it

This tax credit can reduce the amount of taxes you owe, providing significant financial relief. Additionally, if you are caring for a parent or another dependent, you could be eligible for the Credit for Other Dependents, which offers up to an additional $500.

To claim this credit, you must complete Form 2441 and submit it along with your tax return. The IRS offers online tools to help you determine your eligibility and guide you through the application process.

➡️ News