Sep 13 2008
Tax Deduction for Child Care
Keep all the receipts related to paying babysitters and daycares.
Parents go year after year filing taxes without claiming deductions for having their child in a Day care. Not only can you claim the child as a dependent and recive $3,400 as a Deduction but can have deducted your Day Care expenses.
Taking a few hours to study the subject of Taxes can almost guarantee you some deduction you never knew about.
