Employee Reimbursements, Form W-2, Wage Inquiries
Question: Should I include the amount in box 10, Dependent Care Benefits, of my Form W-2 when calculating my income?
Box 10 of your W-2 shows the total amount of dependent care benefits that your employer paid to you or incurred on your behalf. Amounts over $5,000 ($2,500 in the case of a separate return filed by a married individual) are also included in box 1.
You must complete Part III of Form 2441, Child and Dependent Care Expenses, to figure the amount, if any, that you can exclude from your income. You can't use Form 1040EZ, Income Tax Return for Single and Joint Filers With No Dependents, to claim this exclusion.
- Instructions for Form 2441, Child and Dependent Care Expenses
- Am I Eligible to Claim the Child and Dependent Care Credit?
- Publication 503, Child and Dependent Care Expenses
Category: Interest, Dividends, Other Types of Income
Subcategory: Employee Reimbursements, Form W-2, Wage Inquiries