Can I get dependant day care (FSA) tax benefit if my son goes to day care twice a week for 3/4 hours only?
Dipanjan asked:
Can I get FSA benefit (declaring contribution to be withheld pre-tax) for my son if he goes to day care only twice a week for 3/4 hours. My spouse is stay home mom. Is it necessary to have both the parents working to get dependant day care FSA benefit?
BRADFORD
Can I get FSA benefit (declaring contribution to be withheld pre-tax) for my son if he goes to day care only twice a week for 3/4 hours. My spouse is stay home mom. Is it necessary to have both the parents working to get dependant day care FSA benefit?
BRADFORD
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I do not think there is an income limit on claiming the child care deduction. However, I believe there is a $5,000 max limit to claim per child.
The FSA for child care is only available if both parents work, are looking for work, or if one parent works and the other is a full-time student or disabled.
Doesn’t seem that applies to you, so you cannot get the FSA tax benefit.
3/4 hour sounds more like preschool, not day care. To get child care benefits, the purpose must be for the parents to work. If your spouse is a stay at home mom, then you aren’t eligible to claim child care benefits either through an FSA or through a child care tax credit.