Dependent Care Fsa Limit 2024 High Income Tax

Dependent Care Fsa Limit 2024 High Income Tax. The irs establishes the maximum fsa contribution limit each year based on inflation. Contributing to both accounts allows plan participants to lower their taxable.

Further information is found below and in irs publication 503,. Like dependent care fsas, the dependent care tax credit is for care expenses for children younger than 13 plus minors and adults unable to care for themselves.