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FSA for day care fee - did not enroll starting of the year

TechSri

By TechSri
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20 hours ago, TechSri said:

Did not know about FSA for day care. Paying for day care and i don’t have FSA. How to save taxes on this day care fee. I think i can not enroll in FSA in the middle of the year. Can i show day care expenses in tax filing and save taxes? 

You can enroll now in FSA if your company offers thus benefit. Talk to your benefits team/HR. Due to pandemic new Act.. you can change FSA elections in mid year without qualifying event (child born, marriage..)

https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/appropriations-act-permits-midyear-fsa-elections-and-unlimited-carryover-amounts-through-2021.aspx

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