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WARREN CONSOLIDATED SCHOOLS DEPENDENT CARE REIMBURSEMENT ACCOUNT ELECTION FORM UNION: Warplane Year January 1, 2017, December 31, 2017Employee Name: ___ (Please Print)Employee Number___Social Security

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How to fill out dependent care flexible spending

01

Determine your eligible dependent care expenses such as daycare, after school care, or summer day camp.

02

Estimate the total amount you will need for the year for these expenses.

03

Enroll in your employer's dependent care flexible spending account (FSA) during open enrollment or when you have a qualifying life event.

04

Set aside the amount you estimated from your paycheck pre-tax into the FSA account.

05

Keep track of your dependent care expenses throughout the year and submit claims for reimbursement as needed.

Who needs dependent care flexible spending?

01

Any employee who has eligible dependent care expenses and wants to save money on those expenses by using pre-tax dollars should consider utilizing a dependent care flexible spending account.

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What is dependent care flexible spending?

Dependent care flexible spending is a pre-tax benefit account that can be used to pay for eligible dependent care expenses, such as child care or adult daycare.

Who is required to file dependent care flexible spending?

Employees who have dependent care expenses and wish to take advantage of the tax benefits offered by a flexible spending account (FSA) are required to file dependent care flexible spending.

How to fill out dependent care flexible spending?

To fill out dependent care flexible spending, employees must provide information on their dependent care expenses and follow the instructions provided by their employer or FSA administrator.

What is the purpose of dependent care flexible spending?

The purpose of dependent care flexible spending is to help employees save money on eligible dependent care expenses by allowing them to use pre-tax dollars to pay for such expenses.

What information must be reported on dependent care flexible spending?

Employees must report information on their dependent care expenses, including the amount spent and the name and address of the care provider.

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