Yes, TurboTax will handle calculating the taxable income if you had excess dependent benefits. Make sure to review all the questions in the dependent care section of the return. To go back to the dependent care credit section:
- Sign in to TurboTax.
- Select either Edit or Pick up where you left off under Deductions and Credits.
- Select You and Your Family.
- Select Start/Review next to Child and Other Dependent Tax Credits.
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