Fsa Contribution Limits 2024 Dependent Care Form

Fsa Contribution Limits 2024 Dependent Care Form. Amounts contributed are not subject to federal income tax, social security tax or medicare tax. This is the maximum amount that can be contributed to a dca each year per the irs.

The limit is $5,000 for individuals or married couples filing jointly and $2,500 for married individuals. The form 2441 will compute the amount of any excess dependent care fsa contributions, which must be reported as taxable income on the form 1040 by writing.