Day Care Reduction Tax Credit Act of 1988

[AI summary unavailable — showing source text] Day Care Reduction Tax Credit Act of 1988 - Amends the Internal Revenue Code to permit an employer tax credit for one-third of the aggregate wages (to a maximum of $6,000) attributable to services performed by a full-time employee of the taxpayer who is permitted to work at home or during nonbusiness hours solely in order to reduce dependent care needs. Requires that there be at least a 20 percent reduction in the time of dependent care provided outside the employee's home.…