Just saw our tax accountant on Saturday. Don't have the numbers but we are generally expecting a fed tax return between $1-2k and a state around $1k.
What drove me nuts to hear is the childcare credit was reduced to $1200 (from $3000). We paid $14,500 in daycare last year for our son who turned 3 in April and was mostly potty trained the first few months of the year and fully potty trained a month or 2 after his bday.
Now I get that taxpayers shouldn't pay for my child's care but good God, my wife and I are people that should have more kids (conservative, white, Christian, college educated, etc) and yet we are cost burdened already with 1 child in daycare.
What drove me nuts to hear is the childcare credit was reduced to $1200 (from $3000). We paid $14,500 in daycare last year for our son who turned 3 in April and was mostly potty trained the first few months of the year and fully potty trained a month or 2 after his bday.
Now I get that taxpayers shouldn't pay for my child's care but good God, my wife and I are people that should have more kids (conservative, white, Christian, college educated, etc) and yet we are cost burdened already with 1 child in daycare.