https://ttlc.intuit.com/community/tax-credits-deductions/discussion/why-doesn-t-the-child-care-credit-allow-me-to-enter-an-amount-i-paid-for-child-cate/01/1989915#M187643 why doesn't the child care credit allow me to enter the amount I paid for child care? Thu, 25 Feb 2021 21:20:20 GMT pars0531 2021-02-25T21:20:20Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/why-doesn-t-the-child-care-credit-allow-me-to-enter-an-amount-i-paid-for-child-cate/01/1989915#M187643 why doesn't the child care credit allow me to enter the amount I paid for child care? Thu, 25 Feb 2021 21:20:20 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/why-doesn-t-the-child-care-credit-allow-me-to-enter-an-amount-i-paid-for-child-cate/01/1989915#M187643 pars0531 2021-02-25T21:20:20Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-why-doesn-t-the-child-care-credit-allow-me-to-enter-an-amount-i-paid-for-child-cate/01/1989947#M187644 <P class="p1"><STRONG>CHILD AND DEPENDENT CARE CREDIT</STRONG></P> <P class="p2">One of the most common mistakes that messes up the childcare credit for people is listing all of the earned income under only one name on a joint return.<SPAN class="Apple-converted-space">&nbsp; </SPAN>Make very sure that your incomes are listed under each of your names.<SPAN class="Apple-converted-space">&nbsp; </SPAN>It’s pretty easy to check.<SPAN class="Apple-converted-space">&nbsp; </SPAN>Go to the Income section, and click “update” on Wages and Salary.<SPAN class="Apple-converted-space">&nbsp; </SPAN>That will take you to the W-2 Summary.<SPAN class="Apple-converted-space">&nbsp; </SPAN>Do you see income listed under<STRONG> both </STRONG>of your names?<SPAN class="Apple-converted-space">&nbsp;</SPAN></P> <P class="p3">&nbsp;</P> <P class="p2"><SPAN class="Apple-converted-space">&nbsp;</SPAN>A few other things—the childcare credit is not a refund.<SPAN class="Apple-converted-space">&nbsp; </SPAN>It can reduce your taxes owed.<SPAN class="Apple-converted-space">&nbsp; </SPAN><STRONG>If you were self-employed, but showed a loss, you will not receive the credit.<SPAN class="Apple-converted-space">&nbsp;</SPAN></STRONG></P> <P class="p3">&nbsp;</P> <P class="p2"><SPAN class="Apple-converted-space">&nbsp;</SPAN>The person receiving the care had to be 12 or under or qualified as mentally or physically disabled. To claim the childcare credit you need to be filing as Head of Household or Married Filing Jointly. (NOT married filing separately)</P> <P class="p3">&nbsp;</P> <P class="p2"><SPAN class="Apple-converted-space">&nbsp;</SPAN>If your child was born in 2020 make sure you say the child lived with you all year. The credit is a percentage of your expenses based on your AGI (the higher the income, the lower the percentage)<SPAN class="Apple-converted-space">&nbsp; </SPAN>You must provide the Social Security number for each child you are claiming, and the Social Security number or Tax ID for each care provider.<SPAN class="Apple-converted-space">&nbsp; </SPAN>You can claim a maximum of $6000 in expenses for 2 or more dependents.</P> <P class="p3">&nbsp;</P> <P class="p2">In the case of divorced or never-married parents—only the custodial parent can use the childcare credit.</P> Thu, 25 Feb 2021 21:24:32 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-why-doesn-t-the-child-care-credit-allow-me-to-enter-an-amount-i-paid-for-child-cate/01/1989947#M187644 xmasbaby0 2021-02-25T21:24:32Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-why-doesn-t-the-child-care-credit-allow-me-to-enter-an-amount-i-paid-for-child-cate/01/1990117#M187658 <P>i read all that but when i entered the provider info it never ask me for the amount i paid, why is that?</P> Thu, 25 Feb 2021 21:46:30 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-why-doesn-t-the-child-care-credit-allow-me-to-enter-an-amount-i-paid-for-child-cate/01/1990117#M187658 pars0531 2021-02-25T21:46:30Z