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Get your taxes done using TurboTax
For 2023 the contribution maximum to a dependent care flexile spending account remains at $5,000 per household.
The money you contribute to a Dependent Care FSA is not subject to payroll taxes, so you end up paying less in taxes and taking home more of your paycheck. It would be best to have the individual with the higher income contribute to their FSA program.
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‎October 26, 2022
9:45 AM
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