Questions tagged [dcfsa]

A Dependent Care FSA (DCFSA) is a pre-tax benefit account used to pay for eligible dependent care services, such as preschool, summer day camp, before or after school programs, and child or adult daycare.

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Dependent Care FSA prepayment in the same year?

My child's care is $1,900 a month. If I sign up for a Dependent Care FSA, I'm told that the funds are immediately available for use in the coverage year. Can you pay on January 1 2024, the full $5,000 ...
Evan Carroll's user avatar
1 vote
0 answers
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Does Dependent Care FSA/DCAP have an income phaseout?

In the past, dependent care expenses could be deducted through either a Dependent Care FSA/DCAP (an employer program) or a Dependent Care Tax Credit (aka Form 2441). On the surface, they seem like two ...
personal_cloud's user avatar
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3 answers
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Does Dependent Care FSA limit reset if I change jobs?

Let's say I have contributed and used $5,000 in 2018 for my dependent care FSA. Late in the year, I get a new job. Can I contribute to the new account for 2018? According to Zenefit, the healthcare ...
NSouth's user avatar
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3 votes
1 answer
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If I forfeited my entire dependent care FSA, can I claim dependent care credit?

I missed the deadline to claim my dependent care FSA for a previous year. Since the entire FSA amount was forfeited, can I claim dependent care credit instead for that year ?
Nam M's user avatar
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