Tax tip: Pay the housekeeper extra to watch your kids

by on
in Small Business Tax

Do you need someone to watch your young children during the summer months while you work? The full amount paid to a household worker can qualify for the dependent care credit even if the worker does other chores.

The maximum credit is generally $600 for one child; $1,200 for two or more children. So giving a housekeeper a few extra bucks a week can be worthwhile.

Caveat: The expenses must enable you to be gainfully employed.

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