You'll need to sign in or create an account to connect with an expert.
Yes, this is absolutely correct.
For a single child it is difficult to get a tax credit for Child and Dependent Care. A better strategy for you is probably to contribute to the FSA. But even at that, it is difficult not to spend a gazillion dollars for which you will get little benefit.
Yes, this is absolutely correct.
For a single child it is difficult to get a tax credit for Child and Dependent Care. A better strategy for you is probably to contribute to the FSA. But even at that, it is difficult not to spend a gazillion dollars for which you will get little benefit.
Thanks for the explanation.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
sekrishnan
New Member
TajAndAliona
Level 2
WiredShut
Level 2
tomwintexas
New Member
celerityseiche
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.