Pay for Child Care? Here's 1 Tax Credit You Need to Know About
Many parents are forced to pay for child care in order to hold down a job. And that could be an extremely expensive prospect.
Care.com reports that the cost of a week of day care is $211, on average, for infants. The weekly cost of a nanny? An almost astounding $596, on average.
If child care bills eat up a huge chunk of your budget, the good news is that you may entitled to a bit of tax relief. And that's something to keep in mind as you prepare your upcoming return.
Source Fool.com
