What... (i.e. camp, dance class, birthday party)
        
 
Pick a NYMetroParents Region: All Regions   Manhattan    Brooklyn    Queens    Westchester    Rockland   Fairfield    Nassau    Suffolk  

Resources

   

ASK THE EXPERT: WHAT TYPES OF CHILDCARE CAN I TAKE OFF MY TAXES?

     Home  >  Articles  > News & Tips: Services
by NYMetroParents Staff

Related: types of tax deductible child care, what child care can i take off my taxes, is camp tax deductible, can i take day care off my taxes, is my nanny tax deductible,


As you get ready to file your taxes, you might be wondering what types of childcare are tax deductible, including nanny and babysitting expenses, day camp, overnight camp, summer school, and other daycare programs. Here, a federally licensed tax expert offers her advice.

 

nannyHow do I know if my childcare expenses are considered tax deductible?

If your child is under age 13 and lived with you for more than half of the tax year, then you may be able to take the credit for child and dependent care expenses only when you paid someone to care for your child so you could work or look for work during the year.

You may include the cost of a day camp, but the cost of an overnight camp, summer school, or a tutoring program is not allowed. The dependent care benefits include the fair market value of care in a daycare facility provided by your employer and pre-tax contributions you made under a dependent care flexible spending arrangement (FSA).

Also, the qualified expenses include amounts paid for household service, like cooking and cleaning, when the services were needed to care for your child.

Please note that child support payments are not qualified expenses.

 

—Emily Seo, EA, is a federally licensed tax practitioner at Tax Pro Team in Flushing. The Tax Pro Team, which also includes a CPA and former IRS agent, specializes in personal and corporate income tax returns and audit issues. Call 718-463-1040 for a free consultation.


Also See:

Should Married Couples File Taxes Jointly or Separately?

 


Get a free whine stopper

Receive our weekly highlights newsletter · Over 1,000 local activities

More News & Tips: Services Articles

Trick-or-Treat for UNICEF
How to Soothe a Camera-Shy Child
10 Things to Do if Your Pet is Lost
Survey Shows Strong Tie Between Physical and Digital Security Risks
Ask the Expert: Do You Recommend Mediation for Divorcing Parents of a Child with Special Needs?

Be a good fellow parent and share this with a friend who would be interested
Email Friend

Local News & Tips: Services Sponsors


Little Gym of Merrick
2128 Merrick Mall
Merrick, NY
516-223-4008
The Little Gym of Merrick's Anytime Summertime Kid...

Camp Léman
41 Broad St
NY, NY
212-232-0266 x254
Have a FUNderful summer at Léman Manhattan....

North Shore Day Camp
85 Crescent Beach Road
Glen Cove , NY
516-676-0904
North Shore Day Camp's full-day, 4, 6 or 8 week se...

Sweet Tots Creative Childcare
600 Broadway
Bethpage , NY
516-932-1244
Sweet Tots Creative Child Care is the perfect "hom...

Play N Trade Video Games
Visit our website for store locations

Come visit the hottest video game store on Long I...
See Our News & Tips: Services Directory

local zones

Nassau

Nassau cont.

Suffolk

Suffolk cont.

Westchester

Westchester cont.

Fairfield

Rockland

Rockland cont.

Queens

Queens cont.

Brooklyn

Brooklyn cont.

Manhattan

Copyright 2014 NY Metro Parents Magazine Site Design: THE VOICE