CHILD CARE TAX CREDIT FOR EMPLOYERS

The Child Care Tax Credit is for employers who purchase or build qualified child care facilities, or who provide or sponsor child care for employees. 

Employers who provide or sponsor child care at a state-licensed facility are eligible for a credit equal to 75% of the employer's direct costs. Credits that are related to providing or sponsoring child care may be carried forward for five years. 

For employers who purchase or build a state-licensed facility, the credit is equal to 100% of the cost of purchase or construction, which is earned over 10 years (10% each year). Unused credits can be carried forward for three years. 

All child care tax credits can be applied to 50% of the corporate income tax liability.

Child Care Tax Credits are subject to program requirements as outlined in O.C.G.A 48-7-40.6 and rules published by the Georgia Department of Revenue in regulation 560-7-8-.38.

To file for the Child Care Tax Credit, you will need to file GA Form IT-CCC100. If you need assistance completing the form, please reach out to the office; however, each company must file the form themselves.