Form It-Ccc75 - Tax Credit For Cost Of Operations
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IT-CCC75 (1 1 /12)
Department of Revenue
Taxpayer Services Division
Tax Credit For Cost Of Operations
Section 48-7-40.6(b) of the Georgia Code provides for a tax credit based on expenditures for cost of
operations incurred by an employer for child care for employees’ children. This credit is 75% of the direct
operational costs incurred by an employer who makes available employer provided or employer
sponsored child care less any amounts the employees must repay to the employer. The term “employer
provided” refers to child care offered on the premises of the employer. “Employer sponsored” refers to a
contractual arrangement with a child care facility that is paid for by the employer. If multiple employers
utilize the premises, the taxpayer employer must utilize lines 13 and 14 in Section 3 (Summary) on Page 2
and complete the calculation on Page 3, per Georgia Regulation 560-7-8-.38(2)(a).
Name of Taxpayer Claiming Credit
Contact Person
Federal Employer Identification Number
Phone Number
Street Address
City, State and Zip Code
Type of Business:
Sole Proprietor
S Corporation
Tax Year
Partnership/LLC
C Corporation
Other(Specify)____________________
Name of Child Care Provider
FEI Number of Provider
Address of Provider
Location of Facility
Instructions:
If this credit is from a facility which is jointly owned by more than one employer then each employer
should complete a form ITCCC75 showing their proportionate share of participation. Also, in the case of
a pass through entity (S-Corp., LLC, etc.), the shareholders receive a share of this credit based on their
proportionate share of ownership.
Section 1. Annual expenses of operating a child care facility
1. Salaries and wages
1. ______________________
2. Supplies
2. ______________________
3. Utilities
3. ______________________
4. Other
4. ______________________
5. Total (lines 1 through 4)
5. ______________________
Section 2. Expenses for employer sponsored child care
6. Payments to a licensed child care facility
6. ______________________
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Parent category: Financial