Families can submit camp expenses to flexible spending accounts for child care through one or both of their employers. This means you are essentially paying for camp pre-tax. Additionally, some families can also claim the child care (dependent) credit on their tax returns (Federal and a lesser one for NYS) if both parents are working/attending school, etc. The maximum amount of expenses is $6,000 for two or more children.
However, you can't claim the credit for the same expenses reimbursed by the flexible spending account. Flexible spending accounts allow you to save up to $5,000 pre-tax, leaving you with another $1,000 of eligible expenses to claim for the dependant care credit. For more Information click here Child Care/Dependent Care Reimbursement Many thanks to Ann Kummer for her help with this information.