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If youre getting ready to file your taxes, listen up parents who spent $8000 or more on daycare for a child. You can get up to $4000 of that refunded. The refund can go as high as $8000 for two or more kids. Its called the child and dependent care credit. It was extended last year as part of the American Rescue plan. The Biden administration says the tax credit is geared toward helping parents return to work.
