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We spent $22,210 on dependent care in 2022 with a $10,000 FSA but turbo tax says I don't qualify for the dependent care credit, why don't I qualify?
I've seen a lot of conflicting things about how you can qualify for this credit and turbo tax tells me no reason it just says "you don't qualify". There's a note that says I have an employer-provided care benefit of $10,000 which I assume is the FSA reported on my W2. The note says if the expenses are more than this amount I can receive the credit. The total expenses were $22,210 so shouldn't I qualify? Based on our income bracket and some online resources I think I should have a $1600 credit
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March 5, 2022
4:49 PM