Question 1

Do I have to file any forms with the IRS at the end of the year?

admin · Accepted Answer

Yes for the dependent care FSA. To qualify for tax free treatment, you will be required to file IRS Form 2441 (Child and Dependent Care Expenses) with your annual tax return (Form 1040) or a similar form. You must list on Form 2441 the names and taxpayer identification numbers of any persons who provided you with dependent care services during the calendar year for which you have claimed a tax free reimbursement. Ultimately, it is your responsibility to determine whether each payment to you under this plan is excludable for tax purposes. You should talk with your tax advisor.

Question 2

Do I have to file any forms with the IRS at the end of the year?

admin · Accepted Answer

Yes for the dependent care FSA. To qualify for tax free treatment, you will be required to file IRS Form 2441 (Child and Dependent Care Expenses) with your annual tax return (Form 1040) or a similar form. You must list on Form 2441 the names and taxpayer identification numbers of any persons who provided you with dependent care services during the calendar year for which you have claimed a tax free reimbursement. Ultimately, it is your responsibility to determine whether each payment to you under this plan is excludable for tax purposes. You should talk with your tax advisor.