At-home Parents (code 01)

Utah parents and certain other caregivers who provide full-time, at-home care for infants may be eligible for a nonrefundable tax credit.

The $100 tax credit is available for the full-time care of each qualifying infant by an at-home parent. An "at-home parent" includes:

• Biological mother or father,
• Stepmother or stepfather,
• Adoptive parents,
• Foster parents,
• Legal guardian, or
• Individuals in whose home the child is placed by a child-placing agency for the purpose of legal adoption.

To qualify for the credit the following criteria must be met:

1. The child must be no more than 12 months old on the last day of the tax year.
2. The at-home parent must provide full-time care in the at-home parent's residence.
3. The child must be claimed as a dependent by the at-home parent.
4. The sum of the at-home parent's total wages, tips and compensation listed on federal W-2 forms and the gross income on federal Schedule C, Profit or Loss from a Business, line 7, or Schedule C-EZ, Net Profit from Business, line 1, must be $3,000 or less for the taxable year.
5. The federal adjusted gross income of all taxpayers filing the individual income tax return is less than or equal to $50,000

The tax credit is nonrefundable, meaning that any amount of the credit that exceeds the tax due may not be refunded to the taxpayer.