This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form 150-101-195 Schedule OR-WFHDC for the current year.
This document contains official instructions for Form 150-101-195 Schedule OR-WFHDC, Oregon Dependent Care Credit for Full-Year, Part-Year, and Nonresidents - a form released and collected by the Oregon Department of Revenue. An up-to-date fillable Form 150-101-195 Schedule OR-WFHDC is available for download through this link.
Q: What is Form 150-101-195?
A: Form 150-101-195 is the schedule for claiming the Oregon Working Family Household and Dependent Care Credit.
Q: Who can use Form 150-101-195?
A: Residents, part-year residents, and nonresidents of Oregon who wish to claim the Working Family Household and Dependent Care Credit.
Q: What is the purpose of the Oregon Working Family Household and Dependent Care Credit?
A: The credit is designed to provide financial assistance to taxpayers who pay for eligible child and dependent care expenses.
Q: What are eligible child and dependent care expenses?
A: Eligible expenses include costs paid to a licensed child care provider, expenses related to caring for a disabled spouse or dependent, and other qualifying expenses.
Q: How do I calculate the credit amount?
A: The credit is based on a percentage of your eligible expenses, up to certain maximum limits. The percentage and limits vary depending on your income.
Q: Do I need to submit any supporting documentation with Form 150-101-195?
A: Yes, you must include a copy of federal Form 2441 and any other supporting documents that verify your eligible expenses.
Q: When is the deadline for filing Form 150-101-195?
A: The deadline for filing Form 150-101-195 is the same as the deadline for filing your Oregon state income tax return.
Q: Can I e-file Form 150-101-195?
A: Yes, you can e-file Form 150-101-195 if you are also e-filing your Oregon state income tax return.
Instruction Details:
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