dependent care benefits

single mother. file as "head of household". one dependent.

 

company offers flexible account for dependent care expenses. put aside $5,000 which is tax free.

 

total child care expenses are $5,068.

 

on 1040 form, line 7 is after deducting $5,000 dependent care benefit.

 

question is, can I claim all $5,000 dependent care benefit? I thought the amount is only $3,000 for one child. Basically, shall I add $2,000 back to line 7 on form 1040?

 

If I follow form 2441, seems I am fine. There is no need to put $2000 back to line 7 on 1040 form. 

 

Just want to be sure. 

 

Thanks for help!

 

所有跟帖： 

• If you don't have dependent care account put pre tax $5000 into -Happy_Woman- ♀ (71 bytes) () 03/27/2016 postreply 13:37:40

• reply -guest917d- ♀ (117 bytes) () 03/27/2016 postreply 13:49:39

• child tax credit (3000) and flexible spending account (5000) -柠檬椰子汁- ♂ (554 bytes) () 03/27/2016 postreply 16:18:11

• child tax credit is $1,000, -guest917d- ♀ (329 bytes) () 03/27/2016 postreply 19:18:24

• it is called Child and dependent care tax credit is 3000 -柠檬椰子汁- ♂ (179 bytes) () 03/27/2016 postreply 19:28:06