So this is my first year having my son in daycare . I just got a tax thing from the school. Do you…
So this is my first year having my son in daycare . I just got a tax thing from the school. Do you get ALL that money back? My MIL was like I forgot about that stuff ... you get that ALL back. I dont think that’s the case but I’m also new to this. Anyone know ?
Amy A·
No not all of it
Brianna Montgomery ··
Is it a good portion ?
Mandy·
No not all of it. And only if you're in the income bracket that makes you qualify for it
Brianna Montgomery ··
Is that a high income bracket or low one ? 🤣
Mandy··
it was low. I couldn't use it when I was single and in school because I was poor lol
Brianna Montgomery ··
I definitely don’t have a high income lol we’ll see I guess ! Hopefully I get something back from it !
Mandy·
@briannalynn547 oops I was wrong! Read this🙂
https://turbotax.intuit.com/tax-tips/family/the-ins-and-outs-of-the-child-and-dependent-care-tax-credit/L2H7rzUWc
Brianna Montgomery ··
Thank you!
Nancy·
@briannalynn547, I think I used to get $1k more back when I’d claim my child care.
Brianna Montgomery ··
Thank you !