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Level 2
March 13, 2024
Question

Dependent Care Credit

  • March 13, 2024
  • 1 reply
  • 10 views

Am i ineligible for the Dependent Care Credit? 
We had 15k+ in childcare expenses last year, but contributed the max of 5k to a Dependent Care FSA throughout the year. Can you not use the remaining excess cost of 10k towards being eligible for the DCC? 

    1 reply

    Level 15
    March 13, 2024

    No. You used all of your allowable credit with your FSA.