Support CenterFilling Out Dependent Care (2441)
When you have determined there are qualifying dependents on a return, the checkbox for Dependent Care or DC can be selected by each of their names on the Main Info Sheet.
Now, the 2441 form will need additional information on the left. This will need to be done initially. This is where you will type in how much was paid to the provider.
Below in Part 2, we will now list the qualified expenses for each dependent we checked off earlier. While there are only two spots, you can link the 2441 Worksheet 1 to the total line, the program will pull in the correct amount depending on what is selected in the Main Info Sheet. You can also use this same form to list more than two providers if need be.
After filing in the rest of the expenses and heading back to the first page, the program will automatically calculate the rest as it is pulling in the earned income from the rest of the return.
At the end of it all, the amount of the credit will be displayed which will also appear on the second page of the 1040.
Child Dependent Care Services is a tax DEDUCTION, not a tax credit
1040 pg 2 line 11 shows taxable income
Tags: federal,form