Arizona HB4135 provides a tax credit for child care expenses for eligible taxpayers.

Arizona HB4135 amends the Arizona Revised Statutes to introduce a tax credit for child care expenses. This credit is available for eligible taxpayers for taxable years beginning after December 31, 2025. The credit amount varies based on the taxpayer's federal adjusted gross income, with a maximum of $2,000 per qualified child for those earning $75,000 or less, and $1,000 for those earning more than $75,000 but less than $150,000. The credit is intended to support working families in obtaining quality child care in Arizona.

Arizona HB4135 provides a tax credit for child care expenses for eligible taxpayers.

Arizona HB4135 amends the Arizona Revised Statutes to introduce a tax credit for child care expenses. This credit is available for eligible taxpayers for taxable years beginning after December 31, 2025. The credit amount varies based on the taxpayer's federal adjusted gross income, with a maximum of $2,000 per qualified child for those earning $75,000 or less, and $1,000 for those earning more than $75,000 but less than $150,000. The credit is intended to support working families in obtaining quality child care in Arizona.