turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Vin4
New Member

I made one payment in 2016 for preschool tuition. The school year covers periods 09/01/2016 - 06/10/2017. Do I need to prorate these costs for the child care credit?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
KenH1
New Member

I made one payment in 2016 for preschool tuition. The school year covers periods 09/01/2016 - 06/10/2017. Do I need to prorate these costs for the child care credit?

You should pro-rate the preschool tuition.  See the first sentence on page 10 of this IRS publication:

https://www.irs.gov/pub/irs-pdf/p503.pdf

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question