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Deductions & credits
THanks @BillM223 !
Just to confirm, you said:
"Second, you are correct that if you spend less money on child care than what you had in your dependent care FSA, then you are not eligible for the credit...but you still have to complete the section for the child and dependent care credit anyway."
So just to double-check...even though I'm not claiming the credit I still have to fill out this part? I was reluctant b/c (for reasons I don't understand) when I fill in this credit section is gives me hundreds of dollars in a refund (which strikes me as odd since my child care expenses are less than the amount ion my dependent care FSA account). So I wasn't planning to fill it out to try and claim any credit-related money...
March 11, 2022
4:24 PM