It doesn’t get close but it’s well worth it to file for the coverage!
Anonymous
05/22/2018 11:47
Subject: FSA Dependent Care
Yes it covers salary. No, it does not cover taxes.
Anonymous
05/21/2018 14:56
Subject: FSA Dependent Care
This covers what you pay for childcare (nanny, day care whatever). It’s limited to $5k a year so most likely your nanny will be far more expensive.
Anonymous
05/21/2018 14:08
Subject: FSA Dependent Care
You can use it toward any child care expenses, so, yes, your nanny's salary. However, the contribution limits will in no way cover the entirety of your nanny's salary.
Anonymous
05/21/2018 13:58
Subject: FSA Dependent Care
Do this cover my nanny's salary or just the taxes I pay on it?