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2022 DEPENDENT CARE CREDIT | $4000 – $8000 Tax Refund Boost

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The Dependent Care Credit is going to be responsible for massive increases in individual tax refunds for Tax Season 2022! For tax year 2021 the IRS has allowed for upto $16,000 of qualified childcare expenses to be claimed toward the credit. That works out to be $.50 on the dollar for qualifying taxpayers! We strive…