I work full-time and am contributing to the Dependent Care FSA provided by my employer. I contribute $250 per month to the FSA and this will result in a total contribution of $3000 for 2019.
My spouse is not employed and will be a part-time student for 12 months in 2019. We have our child in daycare while my spouse attends school.
My questions are:
- Will my FSA reimbursement claims for our child's daycare be denied since my spouse is not a full-time student or employed or looking for employment?
- If it is not denied and I do get reimbursed the entire $3000 spent on daycare, will I just end up owing taxes on the $3000? Or will I have to pay back the $3000 as well?
Thanks in advance!