If the credit card charges a 15% APR, interest could cost you between $400 and $450 per year. Here's how to figure it out: 1  Divide your APR by 365 days per year. 2  15% / 365 = (about) .04%.
â¢ Income eligibility limit:In 2011, a family of three in Florida could qualify for child care assistance with an. annual income up to $27,468 (148 percent of poverty, 47 percent of state median income).1. â¢ Waiting list: Florida had 67,988 children on a waiting list for child care assistance as of February 2011, and.
The child and dependent care tax credit provides a credit worth between 20 percent and 35 percent of child care costs up to $3,000 for a child under age 13. The credit is income based and is reduced for people with higher incomes. Eligible child care expenses are limited to $6,000 per family. About 12.1 percent of families with children benefited from the child and dependent care tax credit last year, according to estimates by Urban-Brookings Tax Policy Center. Employees also can set aside up to $5,000 per year of their salary, regardless of the number of children, in an employer-provided flexible spending account to pay child-care expenses.