Publication 503

A form published by the IRS explaining the tax treatment of child care and similar expenses.

References in periodicals archive ?

Publication 503, Child and Dependent Care Expenses, contains additional details.

Tax tips: it's only December, but it's never too early to plan for income-tax time

* Publication 503: Child and Dependent Care Expenses

If you switched providers during the year, you may under certain circumstances exclude up to $5,000 of the value of this care from your gross income, depending on how the child care is provided (see IRS Publication 503, Child and Dependent Care Expenses, for specific guidelines).

Annual income tax guide

If your employer provides child or disabled dependent care, you may under certain circumstances, which depend on how the child care is provided (see IRS publication 503, Child and Dependent Care Expenses, for guidelines), exclude up to $5,000 of the value of this care from your gross income.

Annual income tax guide

For further information, contact the IRS at 1-800424-3676 and ask for free IRS Publication 503, "Child and Dependent Care."