Military families may receive new daycare tax credit - KSWO 7News | Breaking News, Weather and Sports

Military families may receive new daycare tax credit

(Source KSWO) (Source KSWO)

WASHINGTON D.C. (KSWO)- Some encouraging news for military families struggling with daycare expenses. A daycare tax credit has been endorsed by a House subcommittee.

It's the first clearance of many but the legislation would create an income tax for daycare expenses spent by families of deployed military. The bill would authorize a tax credit for daycare on a qualifying dependent child when a family member is deployed. It would apply to children 12 years or younger and would be limited to care not more than 12 hours a day.

The measure still has a few more hurdles to pass before it becomes law.

Copyright 2017 KSWO. All rights reserved. 

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