I have a twist to add to this question. Is there any way to claim a credit for childcare costs incurred in the year before the child was born? In our area daycares are very competitive often requiring that you pay a deposit to secure a spot up to a year or more before you'd actually like for your child to start. This means, in our case, that we've already paid a significant amount for child care in 2020 for a child that won't actually be born until 2021. The trouble is it doesn't seem like there's any way to claim a credit for this cost without having a dependent to attribute the cost to, which we obviously won't have until the child is born.
