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Reply to "How much do you spend on childcare monthly?"
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[quote=Anonymous][quote=Anonymous]Christ - well I guess I won't be having kids anytime soon. So is there a credit or deduction for childcare expenses? If so, is it actually helpful or is the amount negligible (or phase out with income or whatever)? [/quote] Pretty much nil. I think it's 5,000 per year that you can take pre-tax. Not exactly helpful for us given that we spend that in 5 weeks.[/quote]
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