We do not have fsa or hsa. Filling as MFJ
Our AGI is around 250K
After discount, we paid around $18K for daycare for 1 kid.
1. We are eligible for both $2000 Child Tax credit and (20% of 3000 = 600) Child dependent tax credit. Is this right ?
2. That 10% discount is almost 1.8k for entire year. This is just a discount for participating daycare through my employer. I just showed them my company paystubs and they added the discount to my account. But in the year statement, i can see that they have mentioned $1.8k as discount.Does it affect my eligibility for child dependent tax credit ? Is this considered as Dependent care benefit ? It does not appear on my w2
