Phillip1
New Member

Deductions & credits

You should answer yes. 

You will need to fill out the child and dependent care section. This will allow you to claim a credit, and it will also keep the 5,000 dollars in box 10 of your W-2 from being reported as income. The IRS requires child and dependent care benefits in box 10 of the W-2 to be reported as income if Form 2441 is not filed.