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Deductions & credits
I'm in the same boat as @svusa .
Question for you @BillM223
My employer has provided '5K' of my pre-tax income to the dependent care FSA administrator.....
and my employer set a deadline of March 31 with the plan administrator.... I hear this is not an IRS deadline, but what an individual plan has.
Now the plan administrator says there is nothing they can do about it as it is use it or lose it.....
@BillM223you say this 5K that is not in my hands can be added to my "taxable" income?
I'm fine with paying that tax, if I can get the remainder of the monies after paying taxes on them.
Is there a provision?
‎April 29, 2020
4:13 PM