What is the maximum amount of reimbursement for child/dependent day care?
Reimbursable expenses during the calendar year for a participant are limited to the lesser of participant’s or the spouse’s earned income (if the participant is married) for that year. If the spouse is a full-time student (at least five months a year) or incapable of caring for him or herself, the spouse is treated as having at least $250 of earned income in a month if there is one qualifying individual for whom expenses are claimed, or $500 if there are more than one.
Reimbursable expenses during the calendar year for a participant are limited to the lesser of participant’s or the spouse’s earned income (if the participant is married) for that year. If the spouse is a full-time student (at least five months a year) or incapable of caring for him- or herself, the spouse is treated as having at least $250 of earned income in a month if there is one qualifying individual for whom expenses are claimed, or $500 if there are more than one.