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Get your taxes done using TurboTax
I submitted reimbursements in 2021 against all of my rollover of $2550 from 2021. I incurred and was reimbursed for $2902 in dependent care expenses. Is it possible that Turbo tax is calculating a .20 tax credit of $510 on my rollover because is it considered non-taxable wages in 2021 and it was added to the $10,500 2021 maximum allowed for dependent care?
I rolled over $2550 from 2020.0 I contributed $1200 to my FSA dependent care in 2021. I turned in for reimbursement for 2021, $2902.00, and I forfeited $848.
March 8, 2022
6:43 AM