Sure! The American Rescue Plan Act (passed into law in March of 2021) expanded the amount from $5,000 to $10,500 for 2021. Due to the late timing (2021 change happening after the start of the year) a lot of companies did not "adopt" the expanded amount. So if you only had the $5,000 withheld then in my example that puts your eligible expense at $11,000 ($16,000 less the revised max FSA of $5,000) and would lead to a $5,500 credit (50% of the eligible expense).
So if your employer did not "catch up" on the expanded amount you only need to account for the amount they actually withheld (it will show up in box 10 of your W2).
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