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February 21, 2024
Question

Do i enter the amount i paid monthly or a year for a babysitter?

  • February 21, 2024
  • 3 replies
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No text available

3 replies

VolvoGirl
Employee
February 21, 2024

For the whole year.  

DoninGA
Employee
February 21, 2024

For the child care you must enter the amount you paid for the year.

February 21, 2024

The Child and Dependent Care cost is for the whole year.

 

The Child and Dependent Care Credit is worth as much as 35% of your qualified expenses, up to $3,000, (for one qualifying person), and $6,000 (for two or more qualifying persons). Your percentage depends on your AGI, with the higher percentages applying to lower incomes and vice-versa.


Follow these steps to get to the Child and Dependent Care Credit in TurboTax.

  1. If you're not in your return already, sign in to TurboTax and select either Review/Edit or Pick up where you left off under Deductions & Credits.
  2. Select the You and Your Family section.
  3. Select the Start/Review button next to Child and Other Dependent Tax Credits.
  4. Answer the questions to complete the section.
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