"When you choose to participate in a dependent care assistance program through your employer, your employer has to report that value in box 10 of your Form W-2. This type of plan is a voluntary agreement to reduce your salary in return for an employer-provided fringe benefit.
You're receiving a tax benefit because under the plan, you're not paying taxes on the money set aside to pay for the dependent care expenses.
You must complete and attach Form 2441, Child and Dependent Care Expenses to your tax return."
IRS Child and Dependent Care Credit & Flexible Benefit Plans
To enter your childcare expenses and file a Form 2441:
- Open your return.
- Enter Form 2441 in the Search box.
- Click on jump to Form 2441 link.
- Answer the interview questions.
@bathalon2000
[Edited 1/26/24 | 10:36 AM PST]
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
