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Deductions & credits
Hi Dawn,
The total out of pocket expenses for 2 kids are $5,000. The discount/scholarship on box 10 is $5,000. The total paid amount on daycare statement is $10,000. To confirm, I can only claim $5,000 since it is actual expenses. Correct?
I think I understand and did it right. Just want to confirm, thanks a lot!
March 23, 2022
6:58 PM