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Deductions & credits
If you look at the form 2441 you will see that the max of $6K for 2 kids is first reduced by the $5K from the FSA leaving only $1K for the credit x 20% = $400 credit.
It is not figured this way ... $10K - $5K fsa = $5K x 20% = $1000 credit
‎February 17, 2023
1:39 PM