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Deductions & credits
You can only consider a maximum of $3,000 expense per child or $6,000 total for the Child and Dependent care credit. Since you said there is $5,000 of employer provided child care per the entry in box 10 on your W-2 form , that would eliminate the qualifying expenses if you had only one child, as it is more than the $3,000 allowed. If you had two or more qualifying children, the maximum credit you would qualify for would be $200, or $6,000 less your employer contribution of $5,000 times 20%.
Also, you need to make sure when you enter your W-2 forms that you earmark one for you and another for your spouse. If you mistakenly enter them all under one taxpayer's name, you would not get a child care credit as you both must work.
If you can clarify how many qualifying children you have we may be able to help you better.
You can learn more in this IRS article.
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