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Dependent Care Flexible Spending Account - Does it save money?

 

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Subject Author Date
Dependent Care Flexible Spending Account - Does it save money? Tobi 03-18-2007
Posted by Phil Marti on April 9, 2007, 7:23 am
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> I actually just did page 2 of 2441 manually and here is what
> I put (btw, I received $4999 from FSA)
>
> line 12: $4999
> line 13: $0
> line 14: $0
> line 15: $4999
> line 16: $4999
> line 17: $4999
> line 18: $XXX
> line 19: $XXX
> line 20: $4999
> line 21: $0
> lien 22: $4999
> line 23: $5000
> line 24: $4999

Line 24 is zero, the smallest of lines 20, 21 or 23. The label
"deductible benefits" is probably throwing you, but if you look
at the instructions you'll see that this figure winds up on an
income statement somewhere. Doesn't apply to your situation.

Once you fix line 24, line 27, "Excluded benefits," will go to
$4999.

--
Phil Marti
Clarksburg, MD



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