Lots of problems with this form in the Windows Turbotax Premium desktop edition.
I had no DC FSA contribution reported on my W2 in 2021, but had a carryover from 2020 because of COVID. If there is no amount in Box 10 of a W2, Turbotax does not walk you through the pages to enter information about your dependent care situation (e.g., employer onsite care, did you have a FSA, any balance in FSA at year end). I had to put $1 in Box 10 to get these pages and also to get Part III of Form 2441 generated. I'm uncertain if the IRS will reject or flag my return because of this W2 modification. It won't match what my employer sent in.
The generated Form 2441 from Turbotax has incorrect values in some of the fields:
- Line 2c incorrectly subtracts the FSA contribution amount from Line 12. $1 in my case. Ideally, Line 12 should be zero in my case, but I had to fake Turbotax out (see above point).
- Line 30 is using the incorrect amount in Line 2c, and not subtracting out the amount in Line 28. Therefore, the amounts in Line 3, 6, 9a, and 10 are incorrect.
This is a pretty significant issue this late in the tax filing season. Is anyone else having this issue?
