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Reply to "Really concerned about losing $2-3k Dependent FSA. Need suggestions"
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[quote=Anonymous][quote=Anonymous]yeah will your job let you stop? I really would consider paying your parents to watch him and declaring that. You only need a receipt, probably. [/quote] We hired the grandparents- and then we paid them and they used the money to buy arts and craft supplies etc. It did end up bumping up my mom’s taxes a bit. So just be aware of that. Since my mom is an antique dealer she has a tax if and she made me a receipt with that. Our old in-home daycare provider would give me a receipt with her SSN. Most flexible spending administrators will have clear receipt guidelines.[/quote]
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