If you’re registering a student under the age of 13 and they’re attending a day camp this summer, you may be able to apply paid tuition toward child and dependent care credit.
This is what the IRS website says:
“The cost of day camp can count as an expense towards the child and dependent care credit. Expenses for overnight camps do not qualify. The credit is generally 20% to 35% of non-reimbursed expenses; up to $3000 in expenses for one child and up to $6000 for two or more children. The actual credit is also based on your income.”
Please note: Club SciKidz does not offer tax advice. Consult your accountant or tax professional before filing. Your employer may have established a Flexible Spending Account, consult your HR Department to see if your plan covers day camps.
Login to your Family Account here to access your account statement. The Tax ID# is on the bottom of the statement.
Posted in: Post Camp Questions