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Huaren
等级一等兵
威望--
贴子364
魅力693
注册时间2005-04-08

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Flexible Spending Account VS. Child Care Credit

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2007-12-12 15:25:00

Hello,

It's the end of the year, so need to do some tax planning. Is there anybody knows, Flexible Spending Account VS. Child Care Credi (Form 2441), which can save more tax? Or which combination can save more tax?

For Child Care Credit, the maximum expenses you can put there is $3,000; For FSA, the maximum money you can put there is $5,000.

Cannot print Chinese, sorry for that.

Thanks!

Huaren
等级一等兵
威望--
贴子364
魅力693
注册时间2005-04-08

applegrape

查看全部

2007-12-12 15:40:00

Thank you for reply. But acutually, you can put daycare expense into your FSA. It's pre-tax, and the maximum amount you can input is $5000 per family.
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