Yup, still working on my Federal withholdings. I’ve circled back to question F and realized I have no idea what it is asking:
“Enter 1 if you have at least $1,900 of child or dependent care expenses for which you plan to claim a credit. (Note. Do not include child support payments. See Pub. 503, Child and Dependent Care Expenses, for details.)”
So I’m not really sure what to do. What’s a child care expense for which I plan to claim a credit? And do I have $1,900 worth of them? I have no clue. I do, however, have heart palpitations.
I guess I’ll go unwind with a nice copy of Pub. 503 Child and Dependent Care Expenses and see what I can pull together for an answer.
Shouldn’t take more than a week or two. Don’t drop any fractions! Oh, and subtract line 34 after you add line B and complete all applicable worksheets for accuracy.
Editors note: I threw up my hands and entered a zero to be safe. Maybe I could have entered a one, I’ll never know — whatever it would have gotten me in tax savings, I’m willing to pay it – happily! – to not have to deal with Pub. 503 and the propspect of being carted off in cuffs in front of my friends for getting Line F wrong.
