Dependent Care Flexible Spending Account
A dependent care flexible spending account (FSA), or dependent care assistance program, allows you to pay for certain expenses on a tax-free basis. If you care for a dependent, this may be for you!
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Each pay period, money moves from your paycheck into your dependent care FSA. As long as you’re paying for an eligible expense, the money is tax-free.
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How Much Can I Contribute?
You may contribute up to $5,000 per household or $2,500 if married, filing separately.
Eligible Expenses
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Expenses for a nursery school, preschool or similar program below the level of kindergarten
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Expenses for before- or after-school care of a child in kindergarten or a higher grade
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Day camp expenses, including specialty camps such as sports or computer
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Expenses for transportation provided by the dependent care provider to or from the place of care
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Employment taxes paid to a caregiver
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Expenses related to providing room and board to a caregiver may be eligible
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Indirect expenses such as application fees, agency fees or deposits paid to obtain dependent care services are eligible