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Dependent Care FSA roll over 2021
I've contributed $3000 to dependent care FSA in 2020. I've paid a $1000 for day care. My employer allowed me to carry over the unused balance, $2000, to next year based on Covid relief bill passed at the end of 2021.
However, Turbo tax online is showing that remaining $2000 dollars as taxable income. Where, in turbo tax, do we specify that $2000 dollars is not taxable income as it has been rolled over to 2021.
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‎April 24, 2021
4:26 AM