qbteachmt
Level 15
07-17-2020
11:44 AM
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The FSA amount considered a reimbursement. If you had no expense, then it is taxable to you, because you got money. The Box 10 amount is directly or indirectly paid for expense incurred. Otherwise, you paid (or they paid on your behalf) child/dependent costs with pre-tax money; that is the Benefit.
The Tax Credit is a different function entirely.
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Don't yell at us; we're volunteers