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Deductions & credits
So my in-laws watch my kids at their house. We pay them $125 per week to help us out.
Obviously we can claim the child care expense. How does this effect their taxes?
How much would they end up paying in taxes? It would be $6500 for the year.
This is their only form of income besides social security.
Thanks,
‎February 24, 2022
9:20 AM