We have 3 kids, over $6,000 in yearly child care costs, and income over $43,000.
In 2018 we filed using TurboTax. It generated a Form 2441 and Schedule 3 that gave us a full $1200 child and dependent care credit.
For 2019, it is only showing a $200 credit, even though our situation has changed very little.
My understanding is it is a 20% credit of up to $6000 in care costs for 2+ children. That should be $1200 like last year. Why is it only showing $200 for this year?
