Qualifying expenses
Daycare, after-school programs, day camps, and in-home care. Up to $3,000 per child (or $6,000 for two or more). Both spouses must have earned income.
FSA coordination
Dependent Care FSA ($5,000 max pre-tax) and the credit can stack. FSA reduces the expense base eligible for the credit. We model which combination saves more.
Have a specific situation?
Call the office and a human answers.
Common questions
- Does summer camp count?
- Day camp yes. Overnight camp no. Cost of camp for children under 13 while parents work qualifies.