Can I contribute more than $5,000 in 2017 if married filing jointly to 2 separate dependent care FSAs from 2 different employers?

bryan-white52 · ‎June 4, 2019

I recently switched jobs. I had a dependent care FSA with my previous employer to which I contributed roughly $2,900. I also have a DCFSA with my current employer to which I'm planning to contribute $5,000 for the year. I'm married filing jointly. I know this is OK to do with health FSAs, but can't find an answer in regards to DCFSAs.

Thanks.

Opus 17 · ‎June 4, 2019

No, the maximum allowable dependent care FSA amount on a married filing jointly return is $5000 over both spouses at all jobs.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

View solution in original post

Opus 17 · ‎June 4, 2019

No, the maximum allowable dependent care FSA amount on a married filing jointly return is $5000 over both spouses at all jobs.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

Opus 17 · ‎June 4, 2019

I'm also pretty sure you can't double up on a medical FSA either, but that would be a subject for another day. It's harder to get caught because it's reported differently but I still don't think it's legal.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

Can I contribute more than $5,000 in 2017 if married filing jointly to 2 separate dependent care FSAs from 2 different employers?