Summer Day Camps and the Child and Dependent Care Credit
Despite ending April with a snow storm, summer is quickly approaching. For some taxpayers, that means finding summer camps to keep their kids’ busy once school is out. Some of these activities may qualify for a tax credit. The dependent care credit allows for up to 35% of $3,000 in qualifying child care expenses for one child and $6,000 in qualifying child care expenses for two or more children. If you send your child to a day camp and you meet certain eligibility requirement