Tax Tip for Working Parents
If you work and pay for child care, you may be eligible for the child care credit. Also, your employeer may allow you to set aside part of your salary tax-free to pay for child care expenses. You may even be eligible for the earned income credit. Don’t overlook the child tax credit for children under age 17.
With questions or for more information, contact our office at (317) 782-3070 or visit our website at www.simonsbitzer.com.