How does dependent care fsa reimbursement work

Dependent Care FSAs A Dependent Care FSA lets you use pretax dollars to pay for eligible expenses related to care for your child, disabled spouse, elderly parent, or other dependent who is physically or mentally incapable of self-care, so you can work, or if you're married, for your spouse to work, look for work or attend school full time.

Eligible expenses include: Fees for licensed day care or adult care facilities. Amounts paid for services including babysitters or nursery school - provided in or outside of your home - for the care of a qualified dependent necessary to allow you and your spouse to work, look for work, or attend school full-time. Placement fees for a dependent care provider, such as an au pair.

Summer day camp for children under age 13 qualifies if attendance allows you and your spouse to work, look for work, or for your spouse to attend school full-time. Before and after school care programs for dependents under age Payment to a relative age 19 or older who is not your dependent who cares for your qualified dependent.

Payment to a housekeeper whose duties also include dependent day care. Food, clothing, and entertainment. Child support payments.

Activity fees and educational supplies. Talk with your employer to learn the exact limits for your plan. This calculation is just an estimate. Ask your tax advisor to find out how much you might save by making pretax contributions. Actual tax savings depends on many things. Some of these include state and local tax rates, your tax bracket and the FICA tax rate. Consumer Marketplace. Pay yourself back during the year Get some financial relief with a dependent care FSA.

Average tax rate. Potential tax savings 2. Showing results for " ". Skip this content Eligible Ineligible. How does the dependent care FSA work? If just one of you is working, the other spouse must be actively looking for work; be a full-time student; or be unable to care for him or herself. The expenses must be for a qualifying person. A qualifying person is your dependent child who is younger than age 13 or a spouse or tax dependent who is not physically or mentally able to care for him or herself.

You must receive these services from an eligible care provider. This can include a licensed childcare facility, an adult day care center or a summer day camp. Check your plan for further details. The expenses must be for services you received during the plan year and while the qualifying person regularly spends at least 8 hours each day in your home.

What expenses are eligible under a dependent care FSA? How much can I contribute to a dependent care FSA? When can I submit a claim for my dependent care expenses?

What do I need to send with my dependent care claim? With a variety of convenient payment and reimbursement options, your Dependent Care FSA makes it easy for you to get reimbursed for eligible dependent care services. Learn more about your reimbursement and payment options.

Just download this handy app to your mobile device and log in with the same username and password as your online account. It's the easy way to manage your FSA when on the go! You can contribute to up to a maximum of:. Back to main content. Please note you may not "double-dip" expenses e.

Please note: As an annual account, the money you contribute to your Dependent Care FSA must be used within the plan year and grace period.