How did the federal expansion of the Child and Dependent Care Tax Credit (CDCTC) affect District residents?
The District has two tax credits for individuals and families with childcare costs: the DC Child and Dependent Care Tax Credit (CDCTC) and the Keep Child Care Affordable tax credit. This post will summarize the total tax benefits received by District tax filers under the DC CDCTC and how those numbers changed for 2021 as a result of the federal American Rescue Plan Act (P.L. 117-2).