Child and Dependent Care Expenses

You may qualify to claim this deduction if:

You were eligible to claim a credit for child and dependent care expenses on your federal income tax return.

How much is the deduction?

The amount of the deduction is equal to the amount of child and dependent care expenses used to calculate the federal credit ( not the federal credit amount). The maximum amount of deduction allowed is based on how many dependents you have:

$3,000 for one dependent

$6,000 for two or more dependents

Watch out for common mistakes!

Many people deduct the amount of their federal credit on their Virginia return. As a result, they don’t claim the full amount of deduction they’re eligible for, so pay more tax than they should. Remember, the amount of the deduction is the same amount used to calculate the federal credit, not the federal credit amount.

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Child and Dependent Care Expenses

Official source

You may qualify to claim this deduction if:

You were eligible to claim a credit for child and dependent care expenses on your federal income tax return.

How much is the deduction?

The amount of the deduction is equal to the amount of child and dependent care expenses used to calculate the federal credit ( not the federal credit amount). The maximum amount of deduction allowed is based on how many dependents you have:

$3,000 for one dependent

$6,000 for two or more dependents

Watch out for common mistakes!

Many people deduct the amount of their federal credit on their Virginia return. As a result, they don’t claim the full amount of deduction they’re eligible for, so pay more tax than they should. Remember, the amount of the deduction is the same amount used to calculate the federal credit, not the federal credit amount.