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Deductions & credits
Sorry @Opus 17 to bring up an old topic, but it seems to be impacting me for 2022. Could you point to some IRS documentation that states this?
As I understood it, you can fully take advantage of both a dependent FSA and child care tax credit if you have enough expenses to fully cover both. In other words, if you have more than $11000 in dependent care for two children, you can get the (full $5k in FSA) and (the full $6000 x times .2 and .35 depending on AGI)
‎January 18, 2023
12:31 PM