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Why am I not qualifying for Child and Dependent Care Credit
I've entered both spouses W-2s already. We spend ~$15,000 on daycare and contribute the max 5,000 to the dependent care account through my work. At the end it just tells me that I only have $5000 of eligible expenses and since I contributed $5000 of "dependent care benefits" that we have nothing that qualifies for the credit.
Oddly enough, if I take the information out of the system in the section, my refund goes down by almost $1000. Wondering if there's a software issue or if I'm missing something? Thank you!
‎February 15, 2025
3:11 PM