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IRS Guidance Clarifies Taxability of Dependent Care FSAs Through 2022

May 25, 2021

The IRS addressed confusion over the taxability of dependent care flexible spending account (DC-FSA) funds for 2021 and 2022, clarifying that it won't tax amounts that COVID-19 relief provisions allowed to be carried over from year to year, or that are used during an extended period for incurring claims. (Read More)

Article By: Stephen Miller, CEBS SHRM

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