Married Filing Separate Dependent Care FSA

Forum|Forum|1 year ago
February 12, 2025
1 reply
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Maxed out on Dependent Care benefits of $5k.

Filing MFS.

I am just not sure who has to claim what. I know there is no credit and I know $2500 is the max in MFS, I just don't know if the taxable portion is split 50/50 ($2500 each) or all goes to whoever W2 it is?

Not A Product Question

DavidD66

For married couples filing separately, the annual dependent care FSA contribution limit is $2,500 for each spouse. If you (or your spouse) contributed $5,000 to your Dependent Care FSA and you choose to file separately, then the excess $2,500 contribution will be added back to your taxable income on your (or your spouse's) tax return. Or, as you say "whoever W-2 it is". You cannot transfer some or all of the excess to a spouse for them to use.

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