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Dependent Care FSA & Child Care Tax Credit
I am trying to determine if I should opt in for my employer FSA. Our current childcare is $12,480 per year. With the max FSA, we would have $5k towards daycare. Since the tax credit caps at $6k for two kids, would I be able to use both the FSA and max out the tax credit?
‎November 19, 2019
8:05 AM