RESIDENTIAL OR BUSINESS. When you order a Free Phone Number you get a local number in the area of your choice with no setup, monthly or per-minute fees! We offer Free Phone Numbers in parts of New York State that may be used for personal or business purposes.
If you had $12,000 in income, for example, and $800 in eligible child care expenses, then, your credit would be 35 percent of $800, or $280. For taxpayers with incomes of more than $43,000, the percentage was 20 percent, with no upper income limit.
â¢ Dependent Care FSA: The annual maximum pre-tax contribution may not exceed $5,000 per year, regardless of. number of children. In sum: $5,000 is the maximum whether for one child or more. â¢ Income Tax Credit: The maximum credit for one child is $3,000 per year, or $6,000 for two or more children (not to.