How You Can Save Up To $2,100 on Summer Day Camp

Some summer saving tips from the Turbotax gang.

The TurboTax Blog

Schools out for summer and you may have been trying to figure out more ways to save. If you’re like most parents, you’re probably wondering how you’re going to keep your kids busy without breaking the bank.

You may also be considering entering the job market again this summer, but don’t know how you can afford to work with the prices of daycare these days.

Whether you are a parent already working or you are planning to enter the job market again this summer, you may be surprised to find that you can save up to $2,100 on your taxes when you file just because you sent your kids to summer day camp.

Under the Child and Dependent Care Credit, you may receive a credit up to $1,050 of your expenses for one child under 13 and up to $2,100 for two or more children under 13 and…

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