RobertB4444
Expert Alumni

Retirement tax questions

@sveta1910  There are multiple possible reasons for a taxable amount to be generated by box 10 on your W2 and your form 2441.  Most have been listed in this old thread.

 

First, both you and your spouse have to have earned income or be full time students.   Second, you can't be income limited out of being able to claim the child and dependent tax credit.  Third, you have to have approved care expenses greater than the amount that you were given in box 10 of your W2.  

 

If you meet all of these qualifications and it is still showing up as taxable then you need to go back through and re-check your entries.  Make sure that all of the entries related to the child and dependent care credit are correct and that all of the W2s in your return are attributed to the correct individuals.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"