What is a daycare tax statement?

my kiddos daycare gave me statement with a tax id # and the money I paid for the year...how will this affect my taxes?

PennyLane2009-01-30T11:00:13Z

Favorite Answer

You can claim what you paid on your taxes. It's called the Child and Dependant Care Credit. If you're eligible, you will receive some of what you paid to the daycare back in your refund.

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Anonymous2009-01-31T07:17:31Z

Daycare Tax Statements
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dizzkat2009-01-31T07:10:27Z

Oh it helps a great deal! Make sure they have included their EIN number on the statement. There are so many things people don't realize they can claim that really help reduce your tax burden.

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Prophet 11022009-01-30T19:00:28Z

You can deduct child care expenses when you do your taxes.

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chula_rica212009-01-30T19:01:39Z

It will actually help you alot! Give me a call my company is cheaper then H&R Block & Jackson Hewitt. 7275646119 we do taxes @ your convenience.

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