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brkynr
Returning Member

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?

 
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MinhT1
Expert Alumni

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?

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.

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