Notice

Notice Number:17-07
Tax Type:Individual Income Tax
Brief Description:Notice 17-07 Credit for Child and Dependent Care
Keywords:Notice 17-07 Credit for Child and Dependent Care
Effective Date:07/01/2017
Approval Date:07/01/2017


Body:





2
Tax Policy Group
915 SW Harrison St
Topeka KS 66612-1588
Phone: 785-296-3081
FAX: 785-296-7928
www.ksrevenue.org
Samuel M. Williams, Secretary
Department of Revenue
Sam Brownback, Governor



Notice 17-07

Credit For Child And Dependent Care
(July 1, 2017)



The 2017 Legislature enacted Senate Bill 30, which makes changes to Kansas income tax law New Section 1 of the Bill creates a credit for child and dependent care expenses that may be allowed against the tax liability of an individual who is a Kansas resident.

Internal Revenue Code Section 21 (26 U.S. Code 21) allows a federal credit for expenses for the care of a qualifying individual to enable a taxpayer to work or actively look for work. The Kansas credit is based on the amount of federal credit allowed against the taxpayer’s federal income tax liability. The Kansas credit is limited to the amount of Kansas tax due, after all other credits have been allowed. It is not refundable.

In order to qualify for the credit the individual claiming the credit, their spouse, and every dependent of the individual must have a valid social security number that has been issued to them by the social security administration.

The new credit is effective starting with tax year 2018, increases for tax year 2019, and increases again for tax year 2020 and all tax years thereafter.

New Section 1 provides of the Bill provides:
Taxpayer Assistance

Additional copies of this notice, forms or publications are available from our web site, www.ksrevenue.org. If you have questions about this Notice, please contact:
Taxpayer Assistance Center
Kansas Department of Revenue
Topeka, KS 66612-1588
Phone: 785-368-8222
Hearing Impaired TTY: 785-296-6461
Fax: 785-291-3614

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Date Composed: 06/29/2017 Date Modified: 06/29/2017