TaxGuyBill
Level 15
01-07-2022
07:47 PM
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@Greta wrote:
50% of $8000 per child of child care expense would be a refundable credit. For my client with two children, that would be a hefty credit of $16K.
You client would have a credit of $8000 (50% of $16,000).
I haven't checked the software, but it is not surprising that it hasn't been updated yet. It is pretty common for the software to be severely lacking at this point in time.