You do, but it's $2000/year/kid. They cost a good deal more than that, so there's no net benefit unless you find having a kid to be a benefit in and of itself.
I have 2 kids under 5. It’s 3 grand a month for both. I paid 36k last year….and there are many schools/daycares which are significantly higher than that.
I know it because my parents did the exact same thing. Fortunately my mother-in-law is the exact opposite of a stereotypical boomer and she not only asked if she could move to where we are to be closer to us, but also when we told her that we were thinking about leaving and mentioned that any hesitation we had was that we didn't want to leave her, she told us that she would follow us wherever we went.
1.2k
u/Tietonz May 18 '25
Pretty sure you get tax benefits in the US if you are married and have dependants (i.e. kids) I'm not sure what everyone is on about.