phisig32
New Member

Dependant care FSA to Grandparents in our house

Hello,

 

We have both set of grandparents providing day care in our house after our daycare shut down.  

 

We only have $660 left in the account (all the rest went to daycare).  Do the grandparents have to report any income under this scenario or is there a threshold in which reporting requirements kick in? Looking to pay them while creating as little paperwork as possible come tax time.