Mom2g
Returning Member

Child Care Tax Credit

I am not understanding why I am not getting the Child Care credit.  I am filing married, filing jointly, both have earned income.  I have Employer benefits of $4,999 in box 10 of W-2.  Total child care costs of over $15,000.  I've gone through all the questions under the topic.  When the summary comes up is lists Eligible Child Care costs as $4,999 and then subtracts the Employer portion of $4,999 and leaves me 0.  I believe the Eligible Child Care costs should be the $15,000-$4,999.  Since there is only one child I should get the 20% of the $3,000.  Not sure how to get this to come out.  Any help would be appreciated.

 

I have also gone through the online quiz from the IRS on this subject and is comes out that I should qualify for it.  Not sure what I answered wrong to not have this work out.