- Before the 10th tax year after the tax year in which your qualified childcare facility is placed in service, the facility ceases to operate as a qualified childcare facility or
- There is a change in ownership of the facility. However, a change in ownership will not require recapture if the person acquiring the interest in the facility agrees, in writing, to assume the recapture liability.
What is the recapture of the Employer-Provided Child Care Facilities Credit?
You may have to recapture part or all of the credit if:
