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FSA dependent care & Childcare tax credit
Hi,
I live in New York. My wife is due in a couple of months & my daughter's starting school (where I'll have to pay tuition). My question is, can I use both the dependent care tax credit & the FSA for dependent care? I saw something about it being different for two children. How much would my expenses need to be to get both? If I can only choose one, which one would be better? My AGI last year was somewhere between $60,000-65,000.
Thank You,
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‎April 6, 2021
8:20 AM