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Get your taxes done using TurboTax
Hi @Andreea12 , thanks for your question!
Private school below the college level is generally not tax deductible, unless your child has a special need; in that case, with a physician referral, the cost of a private school could qualify as a deductible medical expense. However, in order to claim that, you would need to itemize deductions, as opposed to taking the standard deduction. If you are using the TurboTax program, you can would enter that expense under Deductions and Credits/Medical.
As far as child care is concerned, the amount allocated toward daycare may qualify toward the child and dependent care tax credit. To claim the credit, you and your spouse (if married) must have income earned from a job and you must have paid for the care so that you could work or look for work. You can claim from 20% to 35% of your care expenses up to a maximum of $3,733 for one child, or $6,164 (tax year 2023 amounts) for two or more children. To claim that credit on your return if using TurboTax, please go to Deductions and Credits/You and Your Family/Dependent Care Credit.
Please see the following links for more detailed explanations:
https://www.irs.gov/taxtopics/tc602