Tuesday, March 10, 2009

NYC Offers Tax Credit For Child Care

From Newsday.com:

The city is urging New Yorkers to claim the new Child Care Tax Credit when filing their taxes this season.

More than 50,000 New Yorkers claimed the credit last year, the first year the city credit was available. Mayor Michael Bloomberg's office says the average refund was $600.

Residents who earn $30,000 or less and pay child care expenses for children age three and under may qualify for the credit.

The mayor is urging families to call the city's information hot line, 311, to find out more information.