This credit was repealed by the 2021 Montana State Legislature.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.
The Dependent Care Assistance credit is for a business providing assistance or education to employees with dependents.
Eligibility
An employer carrying on a business, trade, occupation or profession in Montana with qualifying expenditures.
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.
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
Carry Over
Dependent care assistance and information credits can be carried forward up to five years.
Forms
You may calculate this credit using the Dependent Care Assistance Credits (Form DCAC).
Related Laws
15-31-131, MCA