Hi, I’m Thomas, and I work for the IRS.
Now that school’s out, what do you plan to do with your children?
If you’re sending them to summer camp, did you know that the money you pay for that may help you qualify for a tax credit on next year’s tax return?
Summer day camp expenses may help you qualify for the child and dependent care credit.
Remember, it must be a day camp.
Overnight camps do not qualify.
And even if you pay someone to watch your child at home while you work, you may still qualify for a credit of up to 35 % of what you pay.
To learn more about the child and dependent care credit and to find out if you qualify, go to www.IRS.gov.