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When will the Child and Dependent Care Credit limits be corrected from ($3,000/$6,000 to $8,000/$16,000) in TurboTax to reflect the ARP change?

 
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2 Replies
rjs
Level 15
Level 15

When will the Child and Dependent Care Credit limits be corrected from ($3,000/$6,000 to $8,000/$16,000) in TurboTax to reflect the ARP change?

TurboTax already has the higher limits for 2021. What makes you think it doesn't? If there is something on your tax return that you think is not right, please give specific form and line numbers, and exact amounts. Look at the actual tax forms, not the summary screens in TurboTax.


The credit that you get is not the full amount of your expenses. It's a percentage of the expenses, on a sliding scale that depends on your income.


What did you answer when TurboTax asked if you had a principal place of residence in the U.S. for more than half of 2021? If you answered No, that could also reduce the amount of your credit in some cases.

 

rjs
Level 15
Level 15

When will the Child and Dependent Care Credit limits be corrected from ($3,000/$6,000 to $8,000/$16,000) in TurboTax to reflect the ARP change?

Is there an amount for dependent care benefits in box 10 of your W-2? That will also reduce the amount of the credit that you can get.

 

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