Married Filing Jointly, paid a daycare for our two kids.
Going through the steps for the Dependent Care Credit. We paid $19,727 in 2021, roughly similar to what we paid in 2020. My wife has the $5000 pre-tax deducted from her paycheck. Now TurboTax is showing only a $200 credit for 2020, but this year it's coming in as $4,950 for 2021. Am I doing something wrong, or did the taxes change drastically between the two years?
