Ok, I went to do my taxes and was under the impression that I could claim half the costs of daycare - well considering I'm not claiming a dependant (she is) I can't claim the daycare.
So how does one figure the 'after tax costs' of daycare? For instance - our daycare is $7800 / year, it's suppose to be split 50/50 after tax (net costs). But where is the calculation on this - because her tax refund isn't going to show just the daycare amounts... any help? (right now I'm paying half before tax costs)
So how does one figure the 'after tax costs' of daycare? For instance - our daycare is $7800 / year, it's suppose to be split 50/50 after tax (net costs). But where is the calculation on this - because her tax refund isn't going to show just the daycare amounts... any help? (right now I'm paying half before tax costs)
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