I contributed $5,000 to my dependent care FSA for 2022 and spent $12,498.00 on child day care. Turbo tax is telling me I do not quality for the child and dependent care credit. Shouldn't I be able to deduct a percentage of the remaining $7,498.00?
-My wife and I are both earning income
-We are married filing jointly
-We claimed our 1 year old as our dependent
-We make <$400,000
