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Dependent care
My son is 2 and I work full time and my wife is a full time student. We paid over $5000 for day care fees and our AGI is below $125,000. But TurboTax is only giving us back $1500 dependent care credit instead of 50% of the years daycare expenses (can claim up to $8000 for one child in year 2021 tax return). What am I doing wrong here?
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‎February 17, 2022
7:31 PM