Georgia § 48-7-29 - 10. Credit for qualified child and dependent care expenses; carryover of credit prohibited.
Full text of Georgia Official Code of Georgia Annotated § 48-7-29 — 10. Credit for qualified child and dependent care expenses; carryover of credit prohibited., with citation guidance and answers to common questions.
§ 48-7-29. 10. Credit for qualified child and dependent care expenses; carryover of credit prohibited.
A taxpayer shall be allowed a credit against the tax imposed by Code Section 48-7-20 for qualified child and dependent care expenses. Such credit shall be determined by applying a percentage to the amount of the credit provided for in Section 21 of the Internal Revenue Code which is claimed and allowed pursuant to the Internal Revenue Code. Such percentage shall be: Ten percent for all taxable years beginning on or after January 1, 2006, and prior to January 1, 2007; Twenty percent for all taxable years beginning on or after January 1, 2007, and prior to January 1, 2008; and Thirty percent for all taxable years beginning on or after January 1, 2008. In no event shall the total amount of the tax credit under this Code section for a taxable year exceed the taxpayer's income tax liability. Any unused tax credit shall not be allowed to be carried forward to apply to the taxpayer's succeeding years' tax liability. No such tax credit shall be allowed the taxpayer against prior years' tax liability. The commissioner shall be authorized to promulgate any rules and regulations necessary to implement and administer this Code section. (Code 1981, § 48-7-29.10 , enacted by Ga. L. 2006, p. 64, § 1/HB 1080.) Editor's notes. - Ga. L. 2006, p. 64, § 2/HB 1080, not codified by the General Assembly, provides that this Act shall be applicable to all taxable years beginning on or after January 1, 2006.
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 48-7-29
What does Official Code of Georgia Annotated § 48-7-29 cover?
Section 48-7-29 ("10. Credit for qualified child and dependent care expenses; carryover of credit prohibited.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 48-7-29?
A common citation format is "Official Code of Georgia Annotated § 48-7-29" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 48-7-29 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.