DMarkM1
Expert Alumni

Deductions & credits

Not at all.  You still had childcare expenses that you incurred in 2022 that were not paid with FSA funds.  Those expenses will be used to claim the Dependent Childcare Credit.  When you enter your form W2 in the federal interview you will be asked questions about the amount in box 10.  You would answer "Yes, you had an FSA" and in the box show the amount in box 10 as the amount that was forfeited.  That will then allow all the childcare expenses up to your limit to be used for the credit.  Basically the amount in box 10 was never received; it was not in your income and was not used to pay childcare.

 

In the "Deductions and Credits" section using the "Dependent Care Credit" topic you will enter your provider and childcare expense information for the credit.

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