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If I have $647 left in my 2020 dependent care FSA whose coverage period is 1 Jan 20 to 15 Mar 21, is this "money left in your account" if it's going to be spent in Feb?
I answered Yes to "Did I have a Flexible Spending Account to pay for child or dependent care?" It asked me if I had any money left in the account at the end of the year. I had $647 left over. The coverage period of the 2020 dependent care FSA though is 1 Jan 2020 to 15 Mar 2021. Should I put $647 or $0 for the money left over, if I intend to use all $647 on dependent care in February 2021?
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‎January 15, 2021
11:07 AM