Skip to main content
Level 2
June 6, 2019
Question

Reported $5K in Dep. Care FSA via my job for single child, but TurboTax still says I'm eligible for the Dependent Care Tax Credit. Is this an error? If so, how can I fix?

  • June 6, 2019
  • 1 reply
  • 0 views
No text available

1 reply

June 6, 2019

Generally, you cannot claim the FSA and the dependent care tax credit for the same expenses.  However, if your expenses exceed $5,000, then you may be entitled to claim both.