No you would not enter the full amount. Preschool Tuition can count toward payments made for the Child and Dependent Care Credit, but you may only count the expenses in the year the care is received.
They will not be deductible in the later year unless the expenses were actually paid in that year. See IRS 2021 Publication 503 Child and Dependent Care Expenses, page 10 & 11.
- Expenses prepaid in an earlier year. If you pay for services before they are provided, you can count the prepaid expenses only in the year the care is received. Claim the expenses for the later year as if they were actually paid in that later year.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
