Support Resources To Help With Child Care Cost
There are several options available to help you offset the cost of care, and we’ve made it easy to learn about them.
Child Care Tax Credits
A tax credit is even more valuable to families than a tax deduction! It’s a dollar-for-dollar reduction in the taxes you owe. Some credits are refundable—reducing taxes otherwise owed to zero and paying a refund.
NEW Federal Tax Benefits:
The American Rescue Plan Act of 2021 enhanced the benefits of families with children and child care specifically. The details of the new benefits can be hard to understand, so we’re here to break it down.
State Tax Benefits:
Each state offers different tax credits to offset the cost of child care. See what benefits might be available to you in California.
Child Care Subsidy Programs
If your family needs help with tuition, there are state and local agencies to provide tuition subsidies. This map is a great starting point for finding the financial assistance resources available.
Child Care As An Employment Benefit
More and more employers add child care benefits to their employee compensation packages because it’s hard to do your job without reliable child care!
Talk with your employer or your HR department about whether they offer child care benefits and how to use them.
