The Turbo Tax software is telling me I'm eligible for $228 in the dependent care credit when I also have a dependent care FSA. We contributed $1140 to the dependent care FSA and got reimbursed for the exact full amount. The $1140 is reported in box 10 of my W-2 and the dependent care credit menus in the software tells me to report money paid from an FSA and the provider name and address. I've done this in years past so I'm familiar with it. Why is the software calculating $228 in the credit? We're not eligible for the credit when we do the FSA and only make expenditures (reimbursements) up to the FSA contribution amount, right?
