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Crasher here - Daycare question!
Hello!
DH and I are planning on starting a family within the next few months, but before we do that, we want to make sure of a few things.
Does anyone know if daycare is tax-deductable?
Also, is $900 a reasonable amount per month for daycare? We have daycare in my building and that's what we would do when the time comes.
Thank you!
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Posted 5/4/08 12:36 PM  |
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Long Island Weddings
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sunny
Life is good!
Member since 5/05 8369 total posts
Name:
Stephanie
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Re: Crasher here - Daycare question!
It is tax deductible, and $900 is very reasonable.
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| Posted 5/4/08 12:40 PM |
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Re: Crasher here - Daycare question!
Hey... sorry to crash in on this question but...
Do you have FLEX Benefits plan @work? You should be able to put money into that account that can be used as tax-deductible money for daycare.
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| Posted 5/4/08 5:57 PM |
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Rycois
Blessed with 2blue/2pink
Member since 12/05 13341 total posts
Name:
J
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Re: Crasher here - Daycare question!
Completely misunderstood your post 
$900 is VERY reasonable for FT daycare.
Message edited 5/4/2008 6:13:09 PM.
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| Posted 5/4/08 6:07 PM |
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EmmaNick
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Member since 12/06 16001 total posts
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Re: Crasher here - Daycare question!
How convenient to have childcare in the same building! That's a good price. My daycare is $245 a week, so it's not unheard of to find great quality care in that price range. I would just check out their violations (if any).
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| Posted 5/4/08 6:11 PM |
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Re: Crasher here - Daycare question!
Posted by Summerrluvv
How convenient to have childcare in the same building! That's a good price. My daycare is $245 a week, so it's not unheard of to find great quality care in that price range. I would just check out their violations (if any).
Thanks for sharing what you pay. DH is having a really difficult time wrapping his head around the cost of daycare.
I am a teacher and we have a SCOPE program right in the building 
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| Posted 5/4/08 6:27 PM |
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Rycois
Blessed with 2blue/2pink
Member since 12/05 13341 total posts
Name:
J
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Re: Crasher here - Daycare question!
When DS starts in September mine will be $260/mo and I found that to be very reasonable. It's a lot to think of monthly but when you do the math and look at the hourly cost - it's really very cheap.
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| Posted 5/4/08 6:39 PM |
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ziamaria
I love this boy!
Member since 4/07 3372 total posts
Name:
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Re: Crasher here - Daycare question!
Posted by scarletbegonia
Posted by Summerrluvv
How convenient to have childcare in the same building! That's a good price. My daycare is $245 a week, so it's not unheard of to find great quality care in that price range. I would just check out their violations (if any).
Thanks for sharing what you pay. DH is having a really difficult time wrapping his head around the cost of daycare.
I am a teacher and we have a SCOPE program right in the building
what's SCOPE?
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| Posted 5/4/08 6:47 PM |
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EmmaNick
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Member since 12/06 16001 total posts
Name:
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Re: Crasher here - Daycare question!
Posted by ziamaria
Posted by scarletbegonia
Posted by Summerrluvv
How convenient to have childcare in the same building! That's a good price. My daycare is $245 a week, so it's not unheard of to find great quality care in that price range. I would just check out their violations (if any).
Thanks for sharing what you pay. DH is having a really difficult time wrapping his head around the cost of daycare.
I am a teacher and we have a SCOPE program right in the building
what's SCOPE?
They run daycare and afterschool programs in the schools.
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| Posted 5/4/08 8:40 PM |
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twicethefun
Loving life
Member since 7/06 4088 total posts
Name:
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Re: Crasher here - Daycare question!
Up to $6000 per family according to my tax guy.
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| Posted 5/4/08 10:27 PM |
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EmmaNick
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Member since 12/06 16001 total posts
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Re: Crasher here - Daycare question!
Posted by mimih
Up to $6000 per family according to my tax guy.
It's 3k if you have one child, $6k for two or more.
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| Posted 5/5/08 7:29 AM |
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JenBenMen
party of five
Member since 9/06 11343 total posts
Name:
Jen
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Re: Crasher here - Daycare question!
My daycare is $290 a week, so that price seems fair
Also, the daycare costs are tax deductible
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| Posted 5/5/08 9:33 AM |
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