tm2016
New Member

My wife and I both contributed to dependent care benefits / fsa for a total of $10,000. Does turbotax ensure the extra contribution is taxed as it should have been?

My wife and I both contributed to dependent care benefits / fsa for a total of $10,000 which is above the limit of $5000 total. Our w2s reflect the over contribution in box 10. Does turbotax automatically ensure the additional contribution is taxed as it should have been? Is there anything I need to do?