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Level 1
April 5, 2026
Solved

TurboTax is not giving tax benefit from childcare FSA contribution. is there a mistake in the calculations?

  • April 5, 2026
  • 1 reply
  • 61 views
I spent more than 6000$ on childcare with FSA contribution 600$ (W2 box 10). TurboTax calculated childcare tax credit as (6000-600)*.2= 1080 $. If I put my FSA contribution to 0, my child tax credit becomes 6000*.2= 1200$ and my total taxes drop by 120$ (600*.2). How come there is no any tax benefit from my FSA contribution?
Best answer by Bsch4477

Expert Reviewed

You already received the FSA tax credit because that amount was not included in your taxable income. 

1 reply

Bsch4477Level 15Answer
Level 15
April 5, 2026

Expert Reviewed

You already received the FSA tax credit because that amount was not included in your taxable income.