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Deductions & credits
The credit is worth as much as 50% of your qualified expenses, up to $8,000, (for one qualifying person), and $16,000 (for two or more qualifying persons). Your percentage depends on your AGI, with the higher percentages applying to lower incomes and vice-versa.
As an example, a married couple supporting two qualifying persons who paid $16,000 in qualified expenses may qualify for up to $8,000 in credits, depending on their AGI.
Since you received more than the maximum credit through your FSA, there is no dependent care credit left to take. If your FSA had been only $5000, you would have been able to apply $3000 of expenses to the dependent care credit. The $10,500 from the FSA is tax free already so you can't take additional credit for those expenses. The max for one dependent is $8k.
What is the Child and Dependent Care Credit?
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