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Reply to "Confused VA (state) dependant care question TAX"
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[quote=Anonymous]My adjusted gross is 109. I used the 5k dependent care account. My actual dependant care expense for 1 was 17k(apx). Based on my income I got nothing for the federal dependent deduction. Does that mean I get nothing for VA as well ? This what VA's guidance says (when I do the google) 101 Child and Dependent Care Expenses - You may claim this deduction on your [b]Virginia return only if you were eligible to claim a credit for child and dependent care expenses on your federal return[/b]. Enter the amount on which the federal credit for child and dependent care is based. (This is the amount on federal Form 2441 or Schedule 2 of Form 1040A that is multiplied by the decimal amount - up to $3,000 for one dependent and $6,000 for 2 or more.). [b]DO NOT ENTER THE FEDERAL CREDIT AMOUNT.[/b] Its the second bold that is confusing me. Is there a more clear explanation out there? Or can anybody tell me yes or no in toddler (ok elemenatry school) terms? [/quote]
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