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Tax break for childcare and day camp in South Carolina possible

A tip sheet from the state DOR explains how. Author: Christopher Buchanan Updated: 7:36 PM EDT July 24, 2021 COLUMBIA, S.C. A tip sheet released by the South Carolina Department of Revenue is suggesting at least one way parents may be able to get a tax break this summer. The agency said in its release that working parents, or those looking for work, may be able to get a break by way of the federal Child and Dependent Care Tax Credit. The state agency defers to the Internal Revenue Service (IRS) which suggests that parents can claim up to 35% of childcare expenses limited to $3,000 for one child and $6,000 for two or more. The tip sheet suggests that those expenses could include the cost of childcare or day camp.

Stimulus Check Roundup: Here s How Much Your Family Will Get With All Federal Aids During The Pandemic

Stimulus Check Roundup: Here s How Much Your Family Will Get With All Federal Aids During The Pandemic
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