Ladies, I have what may be a dumb question...
As tax season approaches, everyone tells me I should be looking forward to a higher refund because of my child. (I knew about that) but someone told me I get a child care credit on top of that? That’s where I am lost. (ftm here so I am going to file my taxes, jointly with my husband) do I get credits for both simply having a child, and a child credit (our total daycare bill since last year was $7,117, just got our EOY statements) or is it one or the other?
Thanks in advance! (I am also aware that I can ask my tax professional, but I kind of want to hear feedbacks from fellow parents)
Let’s Glow
Glow is here for you on your path to pregnancy
Glow helps you navigate your fertility journey with smart tools, personalized insights, and guidance from medical experts who understand what matters most.
25+ million
Users
4.8 stars
200k+ app ratings
20+
Medical advisors