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Seeking Info/advice on Flexible Spending Acct. for Childcare Expenses
On my federal income tax returns, I can also claim the child care credit on the rest of the money that wasn't tax-free--since I pay around $15000 in child ...ANSWERS
See all- If you spend a lot on childcare then the FSA will probably be better than using the tax credit. The way you can figure out how much you'll save is by crunching the n...
- I guess it depends how much you spend on childcare. I max out our flexible spending account (which is $5000, I think) and that is money that is not taxed. On my fed...
- Hi K., I asked our tax guy the same question! It's the same as claiming it on your taxes at the end of the year. Of course, it may be different if you're in a diff...
