Exceeded FSA maximum, can I deduct the excess?

I have a dependent care FSA account through my employer and contribute the yearly maximum (5K)
Married filing jointly -- one dependent.
Year's dependent care was ~6600.
Can I deduct the 1600?

Judy2010-02-10T12:47:33Z

Favorite Answer

No, you already got the max so can't take a dependent care credit for the rest of the expenses.

01

Ryan2010-02-11T00:58:20Z

I can ask our accountant at my factory who files ours businesses as well as my families. She can tell you for sure. Let me know if you already got an answer.

Ryan

01

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