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What is the maximum amount of child care expenses I can claim for my 4-year-old son?

April 26, 2017child care claim expenses maximum son

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What is the maximum amount of child care expenses I can claim for my 4-year-old son?

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The maximum allowable claim is the lesser of: 1. $7,000; 2. total childcare expense paid; and 3. 2/3 of your earned income. The maximum dollar amount is reduced from $7,000 to $4,000 for children seven or over.