We have claimed $5,225 from our FSA for Dependent Care. We have exceeded the eligible amount by $225. How do we correct this using turbotax?

Both employers allowed us to contribute to a FSA for Dependent Care. We did not realize there was a $5,000 limit for those filing jointly. In the year we claimed $5,225 and are $225 over the allowed amount.

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You would correct the future withholding amount by talking to your HR or payroll person. For 2017, just enter your W-2s as they appear and fill out the child care interview. the program will make the excess amount taxable.