Sunday, April 7, 2013

Child Care Credit

You can get $1,200 in a tax credit if you have at least $6,000 in qualifying expenses and two qualifying children ( generally under age 13). The following expenses qualify: preschool for children under the level of kindergarten, before or after school care for those children in kindergarten and higher grades, day camp costs, and  babysitting fees. Overnight camp does not qualify. In order to get the credit, you have to provide the name, address, and Federal identification number of all child care providers on your tax return.

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