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bboggio28 t1_j6etp1c wrote

Would this be different from the child care expense credit that’s deducted on your income tax filing? I think they did change it recently to be non refundable but admittedly I just let hr block figure it out when I file.

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Barnard_Gumble t1_j6fox88 wrote

Don’t confuse a deduction with a credit. Child care is deductible (to a rather low limit). It’s not a tax credit.

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Azulmariposa99 t1_j6evv4y wrote

I guess I am suggesting that something like that but one that is a more significant amount. For example, the child credit that paid people (it showed up in bank accounts monthly of people with direct deposit tax filings or they got it when they filed for taxes the following year) with children during Covid has expired and even just the small amount that it paid ($1-2000 I believe per child) apparently greatly reduced child poverty rates. Now that is different than a childcare focused one but it shows that just some amount more can clearly have a big impact on families.

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