Level 7
04-12-2023
04:56 PM
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Does anyone know how to correctly enter carryover DCB from 2021 into the Proseries program?
My client incurred $2,954 in qualified child care expenses and has a $1,982 carryover of unused DCB from 2021. I have entered this $1,982 amount on Line 13 in the Form 2441 worksheet, but it is doing nothing. I am just getting a standard 20% Child and Dependent Care credit, which is less beneficial than a 22% tax bracket deduction on their federal returns and a deduction on their state return.