What Is The Tax Credit For Child Care In 2007?
I would like to hire a nanny. I wonder what kind of tax credit I would receive if I did so.
Guest
asked 2 years ago
2 Answers - Sort by: Date | Rating
Well you should have mentioned the country you reside in, so as to help me better answer you.
As a practitioner of tax though, I do not believe that hiring a nanny would enable you to receive any tax credit.
As a practitioner of tax though, I do not believe that hiring a nanny would enable you to receive any tax credit.
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USA i the county - is there any other - looks like on 6k for each child
day care is the only items I can find to deduct, any more you can think of..
thanks
day care is the only items I can find to deduct, any more you can think of..
thanks
Guest
commented 2 years ago
If you are in the US, it sounds as if you are referring to Child and Dependent Care credit. The amount of credit you can receive depends on several factors such as the amount you pay for the child care services and your income. You can go to the link and get further information including Form 2441 and instructions. IRS
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I spend 25000 on daycare for three kids - how can I deduct all of this cost?
Guest
commented 2 years ago
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