What if there is some money left over at the end of the year that was not paid for dependent care expenses?
You do not get this money back. The IRS requires that these plans be run on a “use it or lose it” basis. If you do not use all the money in your account, you forfeit it to the employer. Q: We therefore recommend that you estimate your expenses conservatively. Any expenses incurred that were not covered by this plan may be allowed for tax credit application (see question 6).
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