FAQs
Check out our FAQs to get the answers you need as quickly as possible.
Find Answers Fast
Dependent Care FSA (Displaying results 1-10 of 25)
Page 1 of 3, Showing 10 Results
-
What is a Dependent Care FSA? Open Closed
A Dependent Care FSA (DCFSA) is a pre-tax benefit account used to pay for eligible dependent care services, such as preschool, summer day camp, before or after-school … Read more…the full answer
-
What expenses are eligible for reimbursement under a DCFSA? Open Closed
You can use DCFSA funds to pay eligible dependent care expenses for care of your dependent children under age 13, or for a person of any age whom you claim as a dependent on your federal in… Read more…the full answer
-
What expenses are NOT covered by DCFSA? Open Closed
Examples of ineligible DCFSA expenses include: Education or tuition fees Expenses for children age 13 and older Late payment fees Overnight camps Payment for services not yet provided (*payment in a… Read more…the full answer
-
Who is a qualifying dependent for a DCFSA? Open Closed
A qualifying dependent for a Dependent Care Flexible Spending Account (DCFSA) is your tax dependent who is: A child under age 13 Your spouse or other tax dependent (regardless of age) who is mentally or phys… Read more…the full answer
-
Does a DCFSA or the Dependent Care Tax Credit provide better savings? Open Closed
It depends on your particular tax situation. You may apply up to $3,000 of expenses paid in a year for one qualifying individual, or $6,000 for two or more qualifying individuals to your taxes through the Dependent Care Tax Credit. If you h… Read more…the full answer
-
Are dependent care expenses paid with a DCFSA tax deductible? Open Closed
You are not permitted to claim the same expenses on both your federal income taxes and Dependent Care FSA (DCFSA), although in certain situations you may be able to take advantage of both the DCFSA and the Child and Dependent Care Tax Credit. … Read more…the full answer
-
How much do I have to earn to have a DCFSA? Open Closed
Under IRS rules (see IRC Sections 129(a)(2)(A) and 129(b)(1)), the maximum amount that can be elected for a DCFSA is limited to the lesser of: $5,000 for single individuals or married couples filing joint returns; $2,500 for … Read more…the full answer
-
Can I have a DCFSA if I receive a child care subsidy from my agency? Open Closed
Yes, but any combination of DCFSA contributions and child care subsidies cannot exceed $5,000 for the year. Example 1: A federal employee has one child, age 3. The employee receives a $3,000 child care subsidy from their agency. Th… Read more…the full answer
-
When is my DCFSA available to me, and how do I know how much is in my account? Open Closed
This depends on when you enrolled in your DCFSA. If you enrolled during Open Season, your account is available on the first day of the benefit period. If you are a new employee, your DCFSA is activated once you've enrolled and your employme… Read more…the full answer
-
Is there a limit for a DCFSA election? Open Closed
By law, the maximum amount you may allot for a DCFSA is $5,000 per household ($2,500 if married filing separately). You could exceed the $5,000 limit if both you and your spouse work for employers offering an FSA and the combined total of the all… Read more…the full answer
Need to call us?
Toll-Free Number:
877-FSAFEDS (372-3337)
Toll-Free Number for Overseas Participants:
+1 650-577-5294
TTY Line:
866-353-8058
FSAFEDS Benefits Counselors are available Monday through Friday from 9 a.m. until 9 p.m. Eastern Time.