Question
Child and Dependent Care Credit is auto filling for $1200.00. Even if the lowest amount of 20% of our child care expense were taken that would be over $4000.00.
We paid $20,250.00 last year for daycare for our 2 daughters. I keep reading about this credit and everything says I should be getting a minimum of $4050.00 or a maximum of $7,087.50. Is Turbo Tax Broken again for the third year in a row or am I missing a factor? HELP
