There are some details missing.
You are reporting a married filing jointly tax return. How many qualifying dependents received the $5,980 in dependent care benefits?
Is there income reported on the tax return for the spouse? Was the spouse reported as a full-time student?
The computations that you are asking about may all be observed on IRS form 2441 Child and Dependent Care Expenses. The computation of taxable benefits may be found on line 26 (see page 7) of the form.
In the online versions, you may view or print at Tax Tools / Print Center / Print, save or preview this year's return / Include government and TurboTax worksheets after you have paid for the software.
In the Desktop versions, one can look at the tax return by clicking FORMS, or by viewing the PDF through the Print Center.
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