rjs
Level 15
Level 15

Deductions & credits

For one child, the maximum amount of child care expenses that you can claim for the credit is $3,000. That maximum is reduced by the amount that you used from your FSA. The $5,000 from the FSA is subtracted from the $3,000 maximum. The result is less than zero, so you have already exceeded the $3,000 maximum for one child. You cannot use any additional expenses for the credit.

 

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