You'll need to sign in or create an account to connect with an expert.
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.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.