FAA4.G Unearned Income Education (UNIE EDWO) : 05 Educational Expenses : B Types of Educational Expenses : .04 Student Dependent Care
Student Dependent Care
Dependent care that is necessary for the student to attend school is deductible.
 
NA EXCEPTION
Dependent care expenses are NOT deductible.
 
Key DC in the TYPE field on EDWO.
 
Deductions for dependent care expenses can exceed the countable educational income for a month.
 
NOTE Deduct dependent care expenses from the countable educational income last, in order to provide the greatest advantage to the student.
 
When dependent care expenses are more than the countable educational income, use the excess childcare expense in determining the dependent care deduction on EXNS.
 
NOTE Do not key any portion of the dependent care deduction on EXNS that is used as an educational expense on UNIE.