New Jersey offers an additional credit that may benefit eligible resident taxpayers who are also allowed a federal credit for expenses incurred for the care of one or more qualifying individuals. The New Jersey Child and Dependent Care Credit is a percentage of the taxpayer's federal child and dependent care credit. The amount varies according to the amount of the taxpayer's NJ taxable income, similar to the Earned Income Tax Credit. Visit
Child and Dependent Care Credit for more information, or visit the
IRS website.