Child Care Costs Eat Up More Of Macomb County Parents’ Income
Child Care Costs Eat Up More Of Macomb County Parents’ Income
Jan 26, 2023
patch.com
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🚨 Parents: Don’t Miss These Tax Breaks 🚨 (Filed in early 2026) ☑️ Up to $2,000 Child Tax Credit per qualifying child • Refundable portion (ACTC) up to ~$1,700 depending on income ☑️ Child & Dependent Care Credit • Credit for childcare so you can work • Based on up to $3,000 (1 child) or $6,000 (2 kids) • Credit rate depends on income ⚠️ Can’t double-dip with Dependent Care FSA ☑️ Health FSA — about $3,200 • Pre-tax money for medical expenses • Includes things like breast pumps & supplies ☑️ De
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