DawnC
Expert Alumni

Deductions & credits

The credit does not carry over.   To get the expenses on Line 16, you enter the expenses in the Child and Dependent Care Credit section of TurboTax.  

You can enter those expenses which will reduce the amount of Box 10 that will be added back to your taxable income.   So, even if you don't qualify for the credit, you can still apply the expenses to the excluded wages in Box 10.  

 

You can carry over $550 from your 2020 FSA account to 2021, but you don't need a new W-2.   To report the expenses - 

 

In the search field in TurboTax, search for child care credit.    Select the Jump to link and we'll take you right there.

 

Related Information:

@netska - DCB will be added to this amount on Line 1 of Form 1040 - which comes form Line 26 of Form 2441

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