There is a dollar limit on the amount of your work-related expenses you can use to figure the Child and Dependent care credit. For 2024, this limit is the lower of actual expenses or $3,000 if you had one qualifying person, or $6,000 if you had two or more qualifying persons.
If you received dependent care benefits that you exclude or deduct from your income (such as a contribution to a Dependent Care FSA), you must subtract that amount from the dollar limit that applies to you.
Please read this IRS publication page 12, for more information.
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