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Your maximum eligible expenses for the dependent care credit is $3000 for one qualifying child and $6000 for 2 or more qualifying children. The maximum FSA benefit is $5000. If you have one child in care, you have already maxed out your benefit by using the $5000 FSA and can't get any additional credit. If you have 2 or more children in care, the remaining $1000 difference between the FSA limit and the dependent credit limit is eligible for the credit. Turbotax will claim it automatically.
Your maximum eligible expenses for the dependent care credit is $3000 for one qualifying child and $6000 for 2 or more qualifying children. The maximum FSA benefit is $5000. If you have one child in care, you have already maxed out your benefit by using the $5000 FSA and can't get any additional credit. If you have 2 or more children in care, the remaining $1000 difference between the FSA limit and the dependent credit limit is eligible for the credit. Turbotax will claim it automatically.
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