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Taxpayer son have day care expense for 6000 in tax year
Taxpayer son have day care expense for 6000 in tax year 2017. the daughter does not have day care expenses. Taxpayer and the spouse are working full time. are they only allow to claim it for one child… read more
Tax.appeal.168
Tax.appeal.168
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Dependent care FSA. Can I claim my mom as a dependent if I
Can I claim my mom as a dependent if I paid her $3000 from my dependent care FSA to watch my daughter. That is the only income she had. … read more
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Can a taxpayer claim child care credit if the spouse work
Can a taxpayer claim child care credit if the spouse work full time while the taxpayer only work a couple months earning 2100 the entire year.. will they be able to claim the 3000 as depend are credit… read more
emc011075
emc011075
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I'm trying to determine if I should enroll in my companies
I'm trying to determine if I should enroll in my companies Dependent Care FSA. My issue is determining if the tax return on a Dependent Care FSA would be greater than Dependent Care Tax Credit. My wif… read more
Mark Taylor
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Im afraid Im in a bad situation. I elected to put $4000 towards
I'm afraid I'm in a bad situation. I elected to put $4000 towards Dependent Care FSA last year. Then we decided to not use that daycare and use a nanny. We payed her cash and I filed it for reimbursem… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
My question is in regard to a tax-free savings account for
My question is in regard to a tax-free savings account for childcare. Is there a way as an employer, that I can create a tax-free savings account for my employees childcare? If so, how much could they… read more
LEV
LEV
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Can you please explain to me the maximum deduction for dependent
Can you please explain to me the maximum deduction for dependent child care services. Here is some relevant information: 1. Married, filing jointly, both husband/wife work 2. Receive no dependent chil… read more
Robin D.
Robin D.
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Vocational, Technical or Trade School
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Im using TaxACT online submission for my taxes. On my W-2
I'm using TaxACT online submission for my taxes. On my W-2 Box 14 other says 125 PLAN and an amount of 2424.16. is this FSA or something else? I don't see FSA anywhere else and I only contributed $240… read more
jgordosea
jgordosea
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Is there any difference tax wise whether you have dependent
Is there any difference tax wise whether you have dependent care deducted form your paycheck and use pretax money to pay for daycare or if you just include the amount you spend when you file your taxe… read more
Chea Romine
Chea Romine
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i am divorced and custodian parent of a child I have HSA and
i am divorced and custodian parent of a child I have HSA and dependent care accounts through my employer. The child is on my insurance. As per child support order excuted in the state of WA, my ex is … read more
Anne
Anne
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Hello. I have a Dependent Care flex spending account through
Hello. I have a Dependent Care flex spending account through my employer. I budgeted the max of $5000 at the beginning of the plan year, before I knew that my wife would go on short term disability an… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I have been living apart from my spouse since Apr 2009 in the
I have been living apart from my spouse since Apr 2009 in the state of WA. I was at home till Apr 2009 and moved with a new job to a different city than my spouse. My spouse stayed back with his job. … read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
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I make about $30,000 a year and have one child in daycare which
I make about $30,000 a year and have one child in daycare which costs $4,200 anually. I am trying to decide if I should do the flex plan for dependant care or use the child tax credit at the end of th… read more
LEV
LEV
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Bachelor's Degree
14,896 satisfied customers
I recently began working for a large company. Part of their
I recently began working for a large company. Part of their benefits plan is the option to enrole in a Flexible Spending Account for child care. I beleive I am allowed to pay up to 5,000.00 in pre-tax… read more
Robin D.
Robin D.
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For PY2008, I enrolled for Dependent Care Flexible Account
For PY2008, I enrolled for Dependent Care Flexible Account thru my employer. The employer took the required deductions from my paycheck. I paid for the day care expenses from my pocket and submitted a… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
If I took out money pre-tax for day care reimbursments ...
Hello there, the child care benefit is not actually a deduction it is a credit. If you were using your employer's pre-tax plan for day care, then you must file Form 2441. Generally you may put aside u… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
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Should I use dependant daycare reimbersment account
I have a question about dependant daycare reimbersment accounts. Will I loose my Federal Income Tax Credit? What will save me more money?… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I was told by my employer that our new cafeteria plan for ...
I was told by my employer that our new cafeteria plan for health costs would run from August 1, 2006 to August 1, 2007 but I was under the understanding that they were held to an IRS rule that it went… read more
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Ed Johnson
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