{"id":4724,"date":"2014-06-10T10:44:27","date_gmt":"2014-06-10T14:44:27","guid":{"rendered":"http:\/\/gtm.com\/household\/?p=4724"},"modified":"2020-05-01T12:17:18","modified_gmt":"2020-05-01T16:17:18","slug":"tax-credit-for-summer-child-care","status":"publish","type":"post","link":"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/","title":{"rendered":"Tax Credit for Summer Child Care"},"content":{"rendered":"

Are you hiring a summer nanny to care for your children? Or will you be taking advantage of the many day camp options available during the summertime school break?<\/p>\n

While temperatures and extra expenses seem to escalate quickly during the summer months, the IRS has some good news for parents: \u00a0Those additional expenses may help you qualify for a tax credit for summer child care!<\/i><\/p>\n

Here are five facts the IRS wants you to know about a tax credit available for child care expenses. The Child and Dependent Care Credit is available for expenses incurred during the summer and throughout the rest of the year.<\/p>\n

    \n
  1. The cost of day camp may count as an expense towards the Child and Dependent Care Credit.<\/li>\n
  2. Expenses for overnight camps do not qualify.<\/li>\n
  3. Whether your childcare provider is a sitter at your home or a daycare facility outside the home, you’ll get some tax benefit if you qualify for the credit.<\/li>\n
  4. The credit can be up to 35 percent of your qualifying expenses, depending on your income.<\/li>\n
  5. You may use up to $3,000 of the non-reimbursed expenses paid in a year for one qualifying individual, or $6,000 for two or more qualifying individuals to figure the credit.<\/li>\n<\/ol>\n

    For more information, check out IRS Publication 503<\/a>, Child and Dependent Care Expenses.<\/p>\n

    For specific questions, contact<\/a> GTM\u2019s Household Employment Experts at (888) 432-7972.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Are you hiring a summer nanny to care for your children? Or will you be taking advantage of the many day camp options available during the summertime school break? While temperatures and extra expenses seem to escalate quickly during the summer months, the IRS has some good news for parents: \u00a0Those additional expenses may help […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[75,80],"tags":[31,41,45,55],"class_list":["post-4724","post","type-post","status-publish","format-standard","hentry","category-household-payroll-taxes","category-tax-wage-laws","tag-household-employer","tag-nannies","tag-parents","tag-taxes"],"yoast_head":"\nTax Credit for Summer Child Care - GTM Payroll Services<\/title>\n<meta name=\"description\" content=\"Hiring a nanny or sending your kids to camp this summer? Those expenses may help you qualify for a tax credit for summer child care!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax Credit for Summer Child Care - GTM Payroll Services\" \/>\n<meta property=\"og:description\" content=\"Hiring a nanny or sending your kids to camp this summer? Those expenses may help you qualify for a tax credit for summer child care!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/\" \/>\n<meta property=\"og:site_name\" content=\"GTM Household\" \/>\n<meta property=\"article:published_time\" content=\"2014-06-10T14:44:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-01T16:17:18+00:00\" \/>\n<meta name=\"author\" content=\"GTM\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"GTM\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/tax-credit-for-summer-child-care\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/tax-credit-for-summer-child-care\\\/\"},\"author\":{\"name\":\"GTM\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#\\\/schema\\\/person\\\/4f13603f5eceedf0b351f141ee682c77\"},\"headline\":\"Tax Credit for Summer Child Care\",\"datePublished\":\"2014-06-10T14:44:27+00:00\",\"dateModified\":\"2020-05-01T16:17:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/tax-credit-for-summer-child-care\\\/\"},\"wordCount\":230,\"publisher\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#organization\"},\"keywords\":[\"household employer\",\"nannies\",\"parents\",\"taxes\"],\"articleSection\":[\"Household Payroll & Taxes\",\"Tax & Wage Laws\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/tax-credit-for-summer-child-care\\\/\",\"url\":\"https:\\\/\\\/gtm.com\\\/household\\\/tax-credit-for-summer-child-care\\\/\",\"name\":\"Tax Credit for Summer Child Care - GTM Payroll Services\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#website\"},\"datePublished\":\"2014-06-10T14:44:27+00:00\",\"dateModified\":\"2020-05-01T16:17:18+00:00\",\"description\":\"Hiring a nanny or sending your kids to camp this summer? Those expenses may help you qualify for a tax credit for summer child care!\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/tax-credit-for-summer-child-care\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/gtm.com\\\/household\\\/tax-credit-for-summer-child-care\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/tax-credit-for-summer-child-care\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/gtm.com\\\/household\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tax Credit for Summer Child Care\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#website\",\"url\":\"https:\\\/\\\/gtm.com\\\/household\\\/\",\"name\":\"GTM Household\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/gtm.com\\\/household\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#organization\",\"name\":\"GTM Payroll Services\",\"url\":\"https:\\\/\\\/gtm.com\\\/household\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/gtm.com\\\/household\\\/wp-content\\\/uploads\\\/gtm-logo-2.png\",\"contentUrl\":\"https:\\\/\\\/gtm.com\\\/household\\\/wp-content\\\/uploads\\\/gtm-logo-2.png\",\"width\":193,\"height\":92,\"caption\":\"GTM Payroll Services\"},\"image\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#\\\/schema\\\/person\\\/4f13603f5eceedf0b351f141ee682c77\",\"name\":\"GTM\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0ed4a8d952fa3f5e27d5f9f1ffdd8528388c88a55d692ef72e2f6e50d49f5fa0?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0ed4a8d952fa3f5e27d5f9f1ffdd8528388c88a55d692ef72e2f6e50d49f5fa0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0ed4a8d952fa3f5e27d5f9f1ffdd8528388c88a55d692ef72e2f6e50d49f5fa0?s=96&d=mm&r=g\",\"caption\":\"GTM\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tax Credit for Summer Child Care - GTM Payroll Services","description":"Hiring a nanny or sending your kids to camp this summer? Those expenses may help you qualify for a tax credit for summer child care!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/","og_locale":"en_US","og_type":"article","og_title":"Tax Credit for Summer Child Care - GTM Payroll Services","og_description":"Hiring a nanny or sending your kids to camp this summer? Those expenses may help you qualify for a tax credit for summer child care!","og_url":"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/","og_site_name":"GTM Household","article_published_time":"2014-06-10T14:44:27+00:00","article_modified_time":"2020-05-01T16:17:18+00:00","author":"GTM","twitter_card":"summary_large_image","twitter_misc":{"Written by":"GTM","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/#article","isPartOf":{"@id":"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/"},"author":{"name":"GTM","@id":"https:\/\/gtm.com\/household\/#\/schema\/person\/4f13603f5eceedf0b351f141ee682c77"},"headline":"Tax Credit for Summer Child Care","datePublished":"2014-06-10T14:44:27+00:00","dateModified":"2020-05-01T16:17:18+00:00","mainEntityOfPage":{"@id":"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/"},"wordCount":230,"publisher":{"@id":"https:\/\/gtm.com\/household\/#organization"},"keywords":["household employer","nannies","parents","taxes"],"articleSection":["Household Payroll & Taxes","Tax & Wage Laws"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/","url":"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/","name":"Tax Credit for Summer Child Care - GTM Payroll Services","isPartOf":{"@id":"https:\/\/gtm.com\/household\/#website"},"datePublished":"2014-06-10T14:44:27+00:00","dateModified":"2020-05-01T16:17:18+00:00","description":"Hiring a nanny or sending your kids to camp this summer? Those expenses may help you qualify for a tax credit for summer child care!","breadcrumb":{"@id":"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/gtm.com\/household\/tax-credit-for-summer-child-care\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gtm.com\/household\/"},{"@type":"ListItem","position":2,"name":"Tax Credit for Summer Child Care"}]},{"@type":"WebSite","@id":"https:\/\/gtm.com\/household\/#website","url":"https:\/\/gtm.com\/household\/","name":"GTM Household","description":"","publisher":{"@id":"https:\/\/gtm.com\/household\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gtm.com\/household\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/gtm.com\/household\/#organization","name":"GTM Payroll Services","url":"https:\/\/gtm.com\/household\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gtm.com\/household\/#\/schema\/logo\/image\/","url":"https:\/\/gtm.com\/household\/wp-content\/uploads\/gtm-logo-2.png","contentUrl":"https:\/\/gtm.com\/household\/wp-content\/uploads\/gtm-logo-2.png","width":193,"height":92,"caption":"GTM Payroll Services"},"image":{"@id":"https:\/\/gtm.com\/household\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/gtm.com\/household\/#\/schema\/person\/4f13603f5eceedf0b351f141ee682c77","name":"GTM","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/0ed4a8d952fa3f5e27d5f9f1ffdd8528388c88a55d692ef72e2f6e50d49f5fa0?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/0ed4a8d952fa3f5e27d5f9f1ffdd8528388c88a55d692ef72e2f6e50d49f5fa0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0ed4a8d952fa3f5e27d5f9f1ffdd8528388c88a55d692ef72e2f6e50d49f5fa0?s=96&d=mm&r=g","caption":"GTM"}}]}},"_links":{"self":[{"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/posts\/4724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/comments?post=4724"}],"version-history":[{"count":3,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/posts\/4724\/revisions"}],"predecessor-version":[{"id":23131,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/posts\/4724\/revisions\/23131"}],"wp:attachment":[{"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/media?parent=4724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/categories?post=4724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/tags?post=4724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}