lprior
New Member

Deductions & credits

I think Turbo tax is correct....the change was part of conforming to 12/31/21

The Virginia State instructions for form 760 for 2021 state:

 

Child and Dependent Care Expenses - Enter the amount on which the federal credit for child and dependent care is based. This is the amount on federal Form 2441 that is multiplied by the decimal amount - up to $8,000 for one dependent and $16,000 for two or more. DO NOT ENTER THE FEDERAL CREDIT AMOUNT. Note revised amounts for the 2021 federal Form 2441. Legislation enacted by the 2022 General Assembly allows Virginia to conform to these federal changes.