Tuesday, July 27, 2010

How can I claim Child and Dependent Care Expenses?

Child and Dependent Care Expenses

Dependent Care Benefits

Dependent care benefits include:

  • Amounts your employer paid directly to either you or your care provider for the care of your qualifying person(s) while you worked,
  • The fair market value of care in a daycare facility provided or sponsored by your employer, and
  • Pre-tax contributions you made under a dependent care flexible spending arrangement (FSA).

Your salary may have been reduced to pay for these benefits.


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Source : Business Documents Filing in 50 States

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