benjamin-fryer
Level 2
Member profile
- Replies
- Posts
-
Bill, thanks for clarifying the difference between the Child and Dependent Care Credit and dependent care FSA.You have all the facts right. I have one dependent...
-
Here's TurboTax's explanation of why the $1,583 is being added as taxable income: "Since your $11,772 in care expenses wasn't enough to use up the $4,583 you co...
-
Box 10 says $4,583.26, which I see is exactly $3,000 more than the amount that Turbo is considering "dependent care benefits from an employer" (= $1,526). I con...
Activity Feed for benjamin-fryer
- Posted It seems that because my wife is a student, the exclusion for dependent care expenses for our son is reduced to $3,000, as that is her "earned income". Is this correct? on Get your taxes done using TurboTax. February 23, 2020 6:39 PM
- Posted Re: Turbo includes an amount of "dependent care benefits from an employer" in its calculation of ... on Retirement tax questions. February 18, 2020 10:53 AM
- Cheered Re: Turbo includes an amount of "dependent care benefits from an employer" in its calculation of ... for BillM223. February 18, 2020 10:53 AM
- Posted Re: Turbo includes an amount of "dependent care benefits from an employer" in its calculation of ... on Retirement tax questions. February 18, 2020 8:11 AM
- Cheered Re: Turbo includes an amount of "dependent care benefits from an employer" in its calculation of ... for BillM223. February 18, 2020 8:08 AM
- Posted Re: Turbo includes an amount of "dependent care benefits from an employer" in its calculation of my income. My employer did not provide dependent care benefits. Glitch? on Retirement tax questions. February 18, 2020 7:30 AM
- Posted Turbo includes an amount of "dependent care benefits from an employer" in its calculation of my income. My employer did not provide dependent care benefits. Glitch? on Retirement tax questions. February 17, 2020 10:18 PM