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erinm
New Member

Child care deductions

for some reason I have a very large federal refund after I entered daycare expenses from last year and this year.  I think that I have made an error, help!
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1 Best answer

Accepted Solutions
Coleen3
Intuit Alumni

Child care deductions

The child care credit isn't especially large. Expenses paid in 2016 only count.The base is maxed at $3000 per child and you would receive a percentage of that amount. You can view your 1040 and see the amount on line 49 Credit for child and dependent care expenses. Attach Form 2441. You may have also added the Earned Income Credit which will be on line 66.

To view your return follow these steps:

  • Go to My Account
  • Tools
  • View Tax Summary
  • Preview my 1040

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1 Reply
Coleen3
Intuit Alumni

Child care deductions

The child care credit isn't especially large. Expenses paid in 2016 only count.The base is maxed at $3000 per child and you would receive a percentage of that amount. You can view your 1040 and see the amount on line 49 Credit for child and dependent care expenses. Attach Form 2441. You may have also added the Earned Income Credit which will be on line 66.

To view your return follow these steps:

  • Go to My Account
  • Tools
  • View Tax Summary
  • Preview my 1040

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