Can I use first deposit into FSA & then pay the rest of my 2017 childcare expenses out of pocket and still claim a tax credit?
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You probably can't cancel the FSA, you would have to ask your employer.
If you can cancel, you can apply remaining expenses to the dependent care credit.
But, the FSA saves more money for everyone whose income is more than about $18,000 per year.
You probably can't cancel the FSA, you would have to ask your employer.
If you can cancel, you can apply remaining expenses to the dependent care credit.
But, the FSA saves more money for everyone whose income is more than about $18,000 per year.
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