If you have both a job and young kids, you probably also have summer camp expenses. Summer camp is not cheap! SummerCamp.org estimates that a "full-season" (7 to 9 week) session will set parents back on average $3,500 to $11,000 per child.
On the bright side, some of your summer camp costs and other expenses that come along with childcare and children in general may allow you to qualify for a tax credit. Here are 8 facts you should know about deductions and credits available for parents that can help lower your tax burden.