Dear All,
I am using turbo tax for my return. Before this year, I got $1200 credit every year.
This year, my family income has a little increase, but we spend similar on the daycare (about 25k per year for two kids).
However, when I typed my info, I got the following message. . . I cannot understand why my eligible expense is only $1005 and is not longer the cap value $6000.
Based on your adjusted gross income of $300,980, you can claim 20% of your $1,005 of eligible dependent care expenses.
