A credit is available to encourage employers to provide child care for employees.The employer can either operate its own child care facility for its employees or pay a separate qualified child care facility under contract.

Question

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This statement is true. The credit is called the Employer-Provided Child Care Credit and allows for a credit of up to 25% of qualified child care expenses incurred by employers. The employer can either operate its own child care facility or pay for child care services from a separate qualified facility.

A Credit Is Available to Encourage Employers to Provide Child