What is the name of your state (only U.S. law)? California
Not sure if this is the right section for my question (maybe Tax Law?) but I'll start here. My wife is a 1099 employee and I'm W-2. We have a dependent care FSA through my employer and have set aside $2,800 this year. I know that we have to give specific info about the childcare provider to the plan administrator in order to get reimbursed but do we also have to include this information on our tax returns?
Asking because my understanding is that a total of $3,000 is deductible each year so we would only be eligible for the additional $200 deduction (after the $2,800 pre-tax). If we want to deduct the $200, we need to include the providers name, SSN, etc., on our return but do we also need to report info about the provider for the pre-tax $2,800?
Thanks in advance
Not sure if this is the right section for my question (maybe Tax Law?) but I'll start here. My wife is a 1099 employee and I'm W-2. We have a dependent care FSA through my employer and have set aside $2,800 this year. I know that we have to give specific info about the childcare provider to the plan administrator in order to get reimbursed but do we also have to include this information on our tax returns?
Asking because my understanding is that a total of $3,000 is deductible each year so we would only be eligible for the additional $200 deduction (after the $2,800 pre-tax). If we want to deduct the $200, we need to include the providers name, SSN, etc., on our return but do we also need to report info about the provider for the pre-tax $2,800?
Thanks in advance
