Re child care I forget but under the Dependent Care Credit it's between $4-5K, which gets you a maximum tax credit of $480 last year. Might be different now. The best way to do child care is have an employer who provides a 'cafeteria plan' wherein you can pay child care with pre-tax dollars. The max is $5K. This saves you heaps more than the pathetic dependent care credit.
> frequent trader you can claim your office in your house, which I've heard
> is not that simple if you're moonlighting as a plumber, say. So even the
Careful. Home office deduction is an audit flag. DOn't use it unless you have a very good case.
Be careful out there.
max