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Question

Can you use child care credit both individually and as a company?

  • February 6, 2025
  • 2 replies
  • 6 views

Monica R
HoneyBook Community Team
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Question from ​@Daria Opendik during the Tax Season, Simplified! webinar with ​@Geily Romero!

2 replies

Monica R
HoneyBook Community Team
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  • Author
  • HoneyBook Community Team
  • February 6, 2025

And a related question, would a summer camp used for child care count for that credit?


Geily Romero
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  • Newcomer
  • February 12, 2025

Hi Daria!

If you are an LLC or a sole-proprietor you would be filing a single tax return. Yes, the cost of day camp (summer camps that are not overnight camps) counts as an expense towards the child and dependent care credit.