Bill > S1987

This bill establishes a new child care tax credit for Massachusetts taxpayers, allowing them to claim a credit of up to $3,000 per child for child care expenses. To qualify, the child care provider must be licensed by the Commonwealth, and the child must be a dependent of the taxpayer. The credit can be claimed by individuals filing as single, married filing jointly, or head of household, with the stipulation that only one spouse can claim the credit when filing jointly. This tax credit is designed to help offset the costs of child care services, providing financial relief to families who require professional child care while working or pursuing other responsibilities. The provision is being added to Chapter 62 of the Massachusetts General Laws, which governs state income taxation, and represents a new method of supporting working parents by reducing their tax burden through a dedicated child care expense credit.

Budget and Finance

https://malegislature.gov/Bills/194/S1987