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Deductions & credits
@yashK wrote:
Hi @BillM223
I just have one child. The reason I got confused is that in that form 2441 , there is a question
"Did you receive dependent care benefits?"
I did not have any FSA or dependent FSA account but I did receive a 10% discount in the Kindercare fees through my employer. Is that considered as Dependent care benefit.
A merchant discount is not an employee benefit within the meaning of the tax code. You did not receive an employee benefit (under section 125), and you can claim the credit based on whatever money you actually paid.
March 4, 2025
9:47 AM
1,932 Views