To find the tax ID number for a day care center, visit the IRS website and download form W-10, "Dependent Care Provider's Identification and Certification." Ask day care management to fill out the form so that you can claim the tax credit. According to Alison T. Jacks of Family Child Care Taxes, day care providers are required to fill out the form or face a $50 penalty.Continue Reading
It is important to note that providers of childcare services are not required to issue form W-10 to parents or guardians. However, they must comply when handed the form or face the penalty. Discussing this matter with the day care center may be all one needs to get the information. According to Family Child Care Taxes, parents can still get the tax credit should a day care provider refuse to cooperate. The alternative method is to go to the IRS website and download form 2441, Child and Dependent Care Expenses.
To claim the tax credit, Family Child Care Taxes notes that parents should calculate the entire year's child care expenses. The credit is given for children under the age of 13. The amount of tax credit received varies and depends on factors such as income. For example, low income families receive a higher credit.Learn more about Taxes