I type total dependent care expenses and click continue. On the next page the amount show up reduced. Why does Turbotax is reducing the expense amount I entered?
01161
1 Replies
MinhT1
Expert Alumni
Feb 14, 2023 5:31:59 AM
The dependent care expenses eligible for the calculation of the credit are limited to $3,000 if you have one qualifying dependent and $6,000 if you have two or more qualifying dependents.
Please read this IRS document for more information.