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We have two kids under 5. From pre-school to the nanny we spend about $25,000 a year in daycare services for our kids. If we did normal home daycare for both kids it would cost about $12,000 a year.
Both of us take out $5,000 a year, so $10k a year in pre-daycare tax deductions. You pre-pay but you don't pay tax on it and it lowers your tax bracket if you are close enough.
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