Child Care Tax Credits on IRS Form 2441

If you pay for child care for your kids, you may be eligible for a tax credit for a portion of the amounts paid to the child care provider. The credit is calculated on IRS Form 2441.

You need to collect a valid tax ID from the child care provider:
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DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal, or accounting strategies demonstrated in this video. Thank you.