Enter your expected expenses for the year ahead to provide care for
an eligible child or an adult dependent so that you can work.
Estimate your expenses carefully. Due to the IRS "use it or lose
it" rule, you will forfeit any money in excess of the qualified
expenses you incur between January 1, 2017 and December 31, 2017 that
you submit by the May 1, 2018 claim filing deadline.
Also, keep in mind that you may be eligible to take advantage of the
federal tax credit for child and dependent care as an alternative to
using the Dependent Care Reimbursement Account. You may wish to consult
a tax advisor to determine whether the federal tax credit or Dependent
Care Reimbursement Account is best for you.
Please enter amounts in whole dollars (no decimal point, comma,
or dollar sign).
Calculate/Recalculate to determine the following:
Reset form and enter new projection amounts. To modify
a current scenario, simply adjust the numbers above and click the
Note: This Dependent Care FSA Estimator is an estimating tool
only. Estimate your out-of-pocket expenses carefully. You cannot change
your contribution amount after enrollment ends, unless you experience
a qualified status change, and you forfeit any money you have not claimed
by the May 1 claim filing deadline for the plan year.
Using this calculator does not enroll you in a Dependent Care FSA.