Child Deduction, Childcare deduction

Last year they only let me claim $500 for my son, I was told it is $1000.  Does that mean my tax preparer didn't calculate it right? Or is it actually $500 this year?   Hes 3years.  He is enrolled in daycare, what amount is deductible for his daycare while I am at work?

One more question. Is the money you pay for a tax preparer deductible? For example last year our preparer charged us by time which cost $489 due to a long itemized list, is that in any way deductible on this tax return?
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    If you are asking about the Child Tax Credit, that credit is $1,000 per qualifying child but is limited to your tax liability.  So, if your tax liability before the Child Tax Credit is only $500, then your CTC will be limited to $500.  The other $500 may be eligible for the Additional Child Tax Credit if your income exceeds $3,000.

    There is a Child and Dependent Care Credit available for daycare costs you incur so that you can work.  As with the CTC discussed above, this credit is also limited by your tax liability.  Here is an IRS article that discusses this credit:  http://www.irs.gov/taxtopics/tc602.html   There is an interview area within TT in the Deductions and Credits area to help you determine your eligibility for the credit.  The credit is a percentage of your child care costs.  The percentage varies depending on your AGI and the maximum amount of child care costs used in calculating the credit is $3,000 for one child.

    Amounts paid to a tax preparer are deductible as a miscellaneous itemized deduction on Schedule A.  The total of these miscellaneous itemized deductions are limited to amounts in excess of 2% of your AGI.  You must itemized your deductions rather than claiming the standard deduction to include these expenses.
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