topic I have taken the childcare reimbursement for the past few years for a total of 5,000 paid out through the year. Does this make me ineligible to claim the 3k per child? in Deductions & credits

I have taken the childcare reimbursement for the past few years for a total of 5,000 paid out through the year. Does this make me ineligible to claim the 3k per child?

caroline-elkhour — Wed, 05 Jun 2019 21:26:41 GMT

Do you mean a flexible spending account at work? Or somet...

Opus 17 — Wed, 05 Jun 2019 21:26:42 GMT

Do you mean a flexible spending account at work? Or something else.

yes

caroline-elkhour — Wed, 05 Jun 2019 21:26:44 GMT

yes

Your maximum eligible expenses for the dependent care cre...

Opus 17 — Wed, 05 Jun 2019 21:26:45 GMT

Your maximum eligible expenses for the dependent care credit is $3000 for one qualifying child and $6000 for 2 or more qualifying children. The maximum FSA benefit is $5000. If you have one child in care, you have already maxed out your benefit by using the $5000 FSA and can't get any additional credit. If you have 2 or more children in care, the remaining $1000 difference between the FSA limit and the dependent credit limit is eligible for the credit. Turbotax will claim it automatically.