Employer has a day care onsite, and I used FSA dependent care to pay for some of it - can I take advantage of child tax credit?

My employer has a daycare onsite, but it's not free (I pay for it). So I put $2000 towards my FSA to help pay for the bill. Because of COVID, my children stayed at daycare during the "virtual" school days, rocketing my total bill to $6000. Can I also claim the dependent care credit as well, even though I already put some money towards my FSA?

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1 Best answer

Expert Alumni

Mar 12, 2021 8:37:14 PM

You can apply the excess money you paid for the child care that is over the amount paid by the FSA as child care expenses.

Expert Alumni

Mar 12, 2021 8:37:14 PM

You can apply the excess money you paid for the child care that is over the amount paid by the FSA as child care expenses.

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Employer has a day care onsite, and I used FSA dependent care to pay for some of it - can I take advantage of child tax credit?