CHILD CARE INCOME TAX CREDIT

The income tax credit offered is 25% of qualified expenses to any employer providing child care for its employees during the employee's working hours. The facility must have an average daily enrollment for the taxable year of no less than six children age twelve or less and be licensed according to the regulations governing licensure of child care facilities in Mississippi. Employers will be certified as eligible for the tax credit by the Mississippi Department of Health and the State Tax Commission. This program provides a tax credit to new or existing businesses.