DEPENDENT
CARE SPENDING ACCOUNT
The Dependent Care Spending
Account is designed to help employees pay for child care services that make it possible
for the employee and their spouse (if applicable) to work.
To receive reimbursement, employees will need to provide the appropriate Tax
ID number of the dependent care provider to Admin
America. This would be the Federal
tax ID number for a business or the social security number of the individual providing the
service.
Please note that IRS rules do not permit the employee to
take advantage of both the child care credit on their tax return and the Dependent/Child
Care spending account for the same expense.
Contact
Admin
America for a
comparison to determine which alternative would be most advantageous to you and your
family.
SAMPLE ELIGIBLE EXPENSES
Day care is limited to children under the age of thirteen,
daycare for elder dependents or a disabled spouse or dependent.
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