For the Child Care Tax Credit, Turbotax doesn't ask if the payments were made through an FSA. Other than a question about having an unspent balance, it didn't ask me details about my FSA anywhere else either. Do I enter the total & Turbotax figures it out, or do I just have to know to enter only expenses that were not paid with FSA dollars?
If so, that's a big shortcoming on Turbotax's part.
You'll need to sign in or create an account to connect with an expert.
Your FSA amount is included in Box 10 of your W-2. If you enter the amount in Box 10, the program will ask you a couple of questions in the W-2 input screens regarding child care and your FSA.
The program will then automatically take your FSA amount from Box 10 of your W-2 into account for calculating your Child Care Tax Credit.
Your FSA amount is included in Box 10 of your W-2. If you enter the amount in Box 10, the program will ask you a couple of questions in the W-2 input screens regarding child care and your FSA.
The program will then automatically take your FSA amount from Box 10 of your W-2 into account for calculating your Child Care Tax Credit.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Arunabha
New Member
caycee12
New Member
caycee12
New Member
sherrylt08
New Member
jenmarie7591
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.