Not undoing employer side. When zero dependent care expenses, dependent care benefits are added to line 1 of 1040. It could make sense for some taxpayers to pay taxes (add to line 1 form 1040) on t...
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Not undoing employer side. When zero dependent care expenses, dependent care benefits are added to line 1 of 1040. It could make sense for some taxpayers to pay taxes (add to line 1 form 1040) on the DCB to use money for tax credit.
For 2021 the dependent care credit is much larger. Can a taxpayer elect to pay taxes on the dependent care benefits from employer to use the income for the tax credit, instead of excluding the income?
Attempting to claim the dependent care credit exclusion for MFS taxpayer and receive critical diagnostic. Taxpayer is not considered unmarried for dependent care purposes, but should be able to excl...
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Attempting to claim the dependent care credit exclusion for MFS taxpayer and receive critical diagnostic. Taxpayer is not considered unmarried for dependent care purposes, but should be able to exclude the $2,500 of DCB received and still e-file. How to address the critical diagnostic reference #51763