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How can I see why a credit I am claiming is lower than expected?

The Dependent Care credit says I can can claim up to 20% but my credit it only 3% of my childcare expenses. Why?
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2 Replies

How can I see why a credit I am claiming is lower than expected?

The childcare credit for 2022 is not refundable.  It can only reduce your tax liability to zero.  It is not added to your refund.  The tax law changed from 2021 to 2022.

 

 

https://ttlc.intuit.com/questions/1900643-what-is-the-child-and-dependent-care-credit

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

How can I see why a credit I am claiming is lower than expected?

look at form 2441.

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