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Your child’s summer camp tuition could be tax deductible
Source:
nbc4i.com
- Jun 29, 2017
TAMPA, FL (WFLA) — The cost of summer camp for your kids could pay off, come tax time.
Working parents can save around $1,000 per child, up to two children, depending on their income. That’s courtesy of the federal Child and Dependent Care Credit.
There are some conditions. Overnight camps, for example, do not qualify. Children also have to be younger than 13, and if there is a stay at home spouse, the credit won’t kick in.
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Category: General Business
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