This credit was repealed by the 2021 Montana State Legislature. You may not claim this credit after Tax Year 2021. You may still carry forward any remaining tax credit until the carryforward period expires.
You may use this form to calculate your dependent care assistance credit.
Eligibility
An employer carrying on a business, trade, occupation or profession in Montana
Qualifying Expenditures
Expenses paid or incurred for one of the following:
- Providing dependent care assistance by a registered or licensed day-care provider to an employee or on an employee’s behalf
- Providing information and referral services to help employees with getting dependent care.
- Daycare facilities acquired by an employer and operating before January 1, 2006.
Benefit
- Dependent Care Assistance
- 25% of the cost for providing assistance up to $1,575 per employee
- Dependent Care Information
- 25% of the costs for providing information and referral services
- Day-care Facilities
-
The lesser of
- $2,500 per dependent the facility accommodates at the end of the first tax year the credit is claimed
- 15% of the costs of acquiring, building, reconstructing, renovating or other improvements
- $50,000
Carry Over
Dependent care assistance and information credits can be carried forward up to five years. Day-care facility credit can be carried over up to nine years, but only 10% of the credit can be claimed in the first tax year.
Related Laws
Download the Dependent Care Assistance Credits (Form DCAC)