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Reply to "Flex Spending Childcare Fund?"
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[quote=Anonymous]You may not have even met the threshold for tax withholding. Was your total pay less than $1700. We use this program as well. It's a tax benefit for your employers, and has nothing to do with your taxes. If they paid you legally, please do give them the info for the program. They will lose money if you don't. If you are not declaring the income and paying taxes, that's not really their problem. The odds that FSA shares into with IRS is pretty low anyhow, and they will lose money if you don't. I've also worked with FSA when a daycare declined signing the paperwork and there are ways around it. But it's a real pain, so, if you refuse, you are just going to annoy them and your income will get reported to FSA regardless. (Ignore this if cash means illegal. They really do have no moral grounds to participate in a tax benefit if they are not paying your taxes legally)[/quote]
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