My wife is a school teacher enrolled in the PSLF program. She must be on a PAYE repayment plan to remain qualified. In an effort to keep her student loan payments as low as possible we are married filing separately.
I have a dependent care FSA that I use to pay for daycare expenses. My wife does not. Am I required to claim our child as a dependent if I use a DCFSA?
Essentially, could I use the DCFSA but have my wife claim our child as a dependent so she could receive the "Child Tax Credit" (not the "Child and Dependent Care Tax Credit")?
