When it comes to taxes, I like to leave it up to the professionals. But, he sent me an email the other night with two links to look at as it pertains to Child and Dependent Care Credit and these both are from the IRS website:
- Ten Things to Know About the Child and Dependent Care Credit
- Topic 602 – Child and Dependent Care Credit
With twins, we need all the help that we can get and since we have two kids, we can claim $6,000 for the Child and Dependent Care Credit. But make sure that you talk with your CPA or a tax specialist if you have any questions about using this deduction.