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Forum
-> Household Management
-> Finances
healthywoman
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 Thu, May 23 2013, 2:39 pm
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how much can you get back on your tax return if your childs tuition is $4600? really need to know. thanks
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Tova
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Thu, May 23 2013, 3:26 pm
Tuition for what?
Day care/ preschool tuition could lead to a Dependent Care Credit.
College tuition could lead to an Education Credit.
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healthywoman
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Thu, May 23 2013, 4:15 pm
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how much would I be able to get back?
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newmommy22
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Thu, May 23 2013, 4:31 pm
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Depends on your income anywhere from 20% to 30% of 3000 for one child and 6000 for two or more children. Unless your income is too high and then it phases out. This is not a refundable credit and will only go against tax you owe.
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summer0808
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Sat, Jun 27 2015, 11:19 pm
I know this is old but if someone comes across this....
child care credit does not phase out. The minimum is 20% of $3k for the first and $6k for more.
NYS has a matching program, NJ & PA dont. I dont know if any other state does.
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