You'll need to sign in or create an account to connect with an expert.
Assuming that you're asking for the purposes of claiming the Child and Dependent Care Credit, the IRS states in Publication 503, Child and Dependent Care Expenses that
"If you pay for services before they are provided, you can count the pre-paid expenses only in the year the care is received. Claim the expenses for the later year as if they were actually paid in that later year."
Assuming that you're asking for the purposes of claiming the Child and Dependent Care Credit, the IRS states in Publication 503, Child and Dependent Care Expenses that
"If you pay for services before they are provided, you can count the pre-paid expenses only in the year the care is received. Claim the expenses for the later year as if they were actually paid in that later year."
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Irasaco
Level 2
dlif2
Returning Member
Nan712
Returning Member
maslinjarrod
Returning Member
GB2010
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.