Deductions & credits


@vividalchemist wrote:

According to the help center and the IRS website, the deduction is:

  • The credit is from 20% to 35% of your child care expenses, depending on your adjusted gross income (AGI). You can claim a credit for up to $3,000 in expenses for one child, or up to $6,000 in expenses for two or more children.

You are allowed to claim up to $6,000 of expenses.  At your income, you qualify for a 20% credit.  So 20% of $6,000 is a $1200 credit.