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kapinnn
New Member

I am being asked about money left in my dependent care FSA account at the end of the year. However, my plan year goes from Jul to Jun, not Jan to Dec?

Should I report the balance at the end of December (which is just 6 months into the plan year) or 0 since we still have 6 months to use it?
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1 Reply
SusanY1
Employee Tax Expert

I am being asked about money left in my dependent care FSA account at the end of the year. However, my plan year goes from Jul to Jun, not Jan to Dec?

You will enter 0 (or the balance, if any, at the end of your most recent plan year.) 

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