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What's my daycare tax benefit when we don't have FSA?
We have a joint-income of over $50,000. We don't have FSA, and we had a daycare expense of $10,000. What would be my tax benefits related to the daycare expense? Are the $10,000 outside the standard deduction limit? We've done quite a bit of research but unfortunately still couldn't fully understand the publications. Thank you!
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‎April 2, 2020
1:39 PM