Planning Summer Camps for Your Kids? Here’s a Tax Tip That May Help Offset the Cost.

Did you know some summer day programs may qualify for a tax credit?

Summer is coming quickly, and if you're like most parents, you’re probably already thinking

about what your kids will do when school is out. Summer can be a wonderful time for kids to

explore new interests, build confidence, and make friends, but it can also come with extra

expenses for families who need childcare while they work.

Here’s something many parents don’t realize: some summer day programs may qualify for

the Child and Dependent Care Tax Credit.

We always appreciate sharing information like this because sometimes small pieces of

knowledge can make planning just a little easier for families.

How the Tax Credit Works (In Simple Terms)

If you pay for childcare so you can work or look for work, the IRS may allow you to claim a

credit for some of those expenses when you file your taxes.

That can include summer day programs for children under age 13.

A few key things to know:

• Day programs may qualify, but overnight camps do not.

• The credit can be up to 35% of qualifying expenses, depending on your income.

• Families can use up to $3,000 in expenses for one child or $6,000 for two or more

children to calculate the credit.

• You’ll need the provider’s name, address, and tax ID number when filing.

Every family’s situation is different, so it’s always a good idea to check with your tax

professional or review IRS Publication 503 to see what applies to you.

But for many working parents, it’s helpful to know that summer programs can sometimes

come with a financial benefit at tax time.

Why Summer Programs Matter for Kids

Beyond the practical side of childcare, summer programs can be incredibly valuable for kids.

Summer often gives children space to grow in ways they don’t during the school year. Without the pressure of grades or tests, they can experiment, try new things, and discover strengths they didn’t know they had.

Programs that focus on teamwork, confidence, communication, and problem-solving can

have a lasting impact on how kids see themselves.

And that’s something we care deeply about at the Young Founders Society.

The Young Founders Junior Summer Program

Our Junior Summer Program (ages 9–14) is designed to give kids something more

meaningful than just filling the day.

During the program, kids are introduced to real-world skills like:

• Teamwork and collaboration

• Creative problem-solving

• Communication and presenting ideas

• Confidence building • Entrepreneurial thinking

They’ll work together on ideas, learn how to turn creativity into action, and experience what it

feels like to build something with a team.

Just as importantly, they’ll be surrounded by mentors and peers who encourage curiosity,

experimentation, and confidence.

We like to say:

“We teach the skills schools don’t always have time for.”

A Summer That’s Fun and Meaningful

Kids leave the program not just with memories, but with something deeper:

• A sense of confidence

• New friendships

• The experience of building something together

• The belief that their ideas matter

And for parents, it can provide peace of mind knowing their kids are spending the summer

learning, growing, and being inspired.

Planning Your Summer

If you're starting to plan summer activities, it may be worth looking into programs that not only keep kids engaged but help them grow in meaningful ways.

And remember, depending on your situation, summer day programs may qualify for a tax

credit.

You can learn more about the Young Founders Junior Summer Program here:

Young Founders Society Junior Summer Program

If you have questions, we’re always happy to talk with parents and help you decide if the

program is a good fit for your child.

Summer has a way of shaping kids in ways we don’t always expect.

Sometimes it starts with something as simple as giving them the chance to try something new.

Disclaimer: Tax benefits vary by household. Please consult your tax professional or review IRS Publication 503 for details about the Child and Dependent Care Credit.