My wife and I have a son, for whom we paid $5700 in daycare. She was reimbursed $1750 through FSA. Can we claim the max limit through Child and Dependent Care Credit?

[shawntabat]

I know there is a limit for one child. Are we entitled to claim the amount we paid in daycare minus FSA distribution, for no more than the single-child limit?

So, we would be able to claim $5,700-$1,750=$3,950, for which the limit is $3,000, which is what we can claim. The $3,000 limit came from the IRS website.

[KatherineC · Accepted solution]

No, the limit per child is $3,000.  The reimbursement is deducted off of the $3,000.  So, you would have $1250.

You are allowed to report dependent care amounts paid up to $3000 per child for a maximum of two children.

Please click here for further information.

[shawntabat]

Thanks for the link, Katherine. That makes more sense!

[KatherineC]

You are welcome!