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Deductions & credits
The child and dependent care credit has changed from 2021 to 2022. It has reverted to the "old" rules. The credit is not refundable. It can only reduce tax you owe. And it is limited to a credit of $3000 for one child or $6000 for more than one child.
https://ttlc.intuit.com/questions/1900643-what-is-the-child-and-dependent-care-credit
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
March 18, 2023
9:39 AM