Summer Day Camp Expenses May Be Deductible

As you may know, there is a Child and Dependent Care Credit.  The credit applies to children under 13, and can be up to 35% of your qualifying expenses.  You can apply up to $3000 of the unreimbursed expenses for one child, and up to $6000 for two or more children.

The cost of summer day camps are considered qualified expenses. However, expenses for overnight camps are not qualified expenses.

There are several tests you must pass to qualify for the credit, see IRS Pub 503 for a thorough discussion of the credit.

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