What percentage of my daycare expenses will I receive on my tax refund?

I spent $1680 on daycare at a licensed facility. What percentage will I get back on my tax refund?

Public Comments

1. It depends upon your income and your tax liability.

   The percentage is generally 20%-35%.



2. It depends on your income and which tax bracket you fall into.


3. This will depend on your Adjusted Gross Income and your tax liability.

   Check out the link below to the form 2441. Follow through the form and it will let you know what percentage of your daycare that you paid would be deductible. Then it will figure if you are able to take the amount, by comparing it to your tax liability. Also if you live in a taxing state, check to see if there is a credit for daycare as there is here in Ohio.

   Laura H – H&R Block – Senior Tax Advisor 5

   **This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided.



4. This is a great tax credit! It depends on your income level. You will need to complete form 2441. Depending on your income level, you will be able to deduct 20-35% of what you paid to the provider from the taxes that you owe.

   That is what makes it great, this is directly off of your tax bill!

   Here is the link with the table:

   http://www.irs.gov/pub/irs-pdf/f2441.pdf