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How Does a Dependent Care FSA Work?
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How Does a Dependent Care FSA Work?

Written by Timalyn Bowens, EA Published on April 5, 2022 Key takeaways: A dependent care FSA (DCFSA) allows qualified individuals to pay for child and dependent care expenses completely tax-free, up to a certain limit. The money that you contribute to the account lowers your taxable income for the year, but you must use DCFSA...