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Deductions & credits
I suggest you look at your tax return and see if you can identify something.
- On the menu bar on the left that shows.
- My Info
- Federal
- State
- Review
- File
- Select Tax Tools
- On the drop-down select Tools
- On the popup menu
- Select View Tax Summary
- On the left sidebar
- Select Preview my 1040.
Line 24 is Total Tax
Lines 27,28,29 are credits that have already been applied.
If your Total Tax minus the other credits does not still result in a tax owed, you will not get the credit.
For 2022, the credit for child and dependent care expenses is nonrefundable and you may claim the credit on qualifying employment-related expenses of up to $3,000 if you had one qualifying person, or $6,000 if you had two or more qualifying persons. The maximum credit is 35% of your employment-related expenses.
Also see: Publication 503 (2022), Child and Dependent Care Expenses and The Ins and Outs of the Child and Dependent Care Tax Credit
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‎February 19, 2023
7:59 AM