Instructions for Form IT-216 Claim for Child and Dependent Care Credit - New York

Form IT-216 Claim for Child and Dependent Care Credit - New York

This document contains official instructions for Form IT-216 , Claim for Child and Dependent Care Credit - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-216 is available for download through this link.

FAQ

Q: What is Form IT-216?
A: Form IT-216 is the claim form for the Child and Dependent Care Credit in New York.

Q: Who can claim the Child and Dependent Care Credit?
A: New York residents who paid for child or dependent care expenses in order to work or look for work may be eligible to claim this credit.

Q: What expenses qualify for the credit?
A: Expenses paid for the care of a child under the age of 13 or a disabled dependent may qualify. This includes daycare, after-school programs, and summer camps.

Q: How much is the credit?
A: The credit can range from 20% to 110% of the allowable federal child and dependent care credit, depending on your income and number of qualifying dependents.

Q: How do I claim the credit?
A: Complete Form IT-216 and attach it to your New York State tax return.

Q: What documentation do I need to provide?
A: You may need to provide documentation such as receipts or statements from the care provider.

Q: Are there any income limits to claim the credit?
A: Yes, there are income limits. The amount of the credit gradually reduces as your income increases.

Q: When is the deadline to file Form IT-216?
A: Form IT-216 should be filed with your New York State tax return by the due date, which is usually April 15th.