Ask Experts Questions for FREE Help !
Ask
    subsrvm's Avatar
    subsrvm Posts: 4, Reputation: 1
    New Member
     
    #1

    Nov 11, 2010, 05:34 PM
    Pre-school tuition fees if my wife doesn't work
    I've Flexible Spending Account(FSA) related questions for which I can put aside up to $5000 tax free for child care expense. I'm planning to send my kid to private preschool (not for daycare).

    1. Does both parents need to work or full time students for availing FSA/Dependent care tax free? My wife is on H4, she is neither going to school nor can work, but she has regular voluntary work in temple and community (she does not make money out of it), does it mean she has full time work in IRS code?

    2. Does the private pre-school tuition can be claimed from FSA $5K that was put aside?

    3. Does a normal day care expenses can be applied for FSA? Please elaborate this wrt to question #1 (one of the parent not working/not paid).

    4. Does the community learning programs for kids - like swimming, crafts related fee paid be claimed from FSA?

    5. If the tuition is covered, does it apply for kindergarten as well, or is it limited to to pre-school and PreKindergarten?

    Thanks in advance.
    Rvm
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Nov 11, 2010, 08:43 PM
    Both parents must either work or be attending school to qualify for use of the FSA Child Care option. Your wife neither works nor attends school, so you CANNOT legally use the $5k option tax-free.

    Since you CANNOt legally use the $5K option tax-free, the rest of the questions are irrelevant.
    mvrraju's Avatar
    mvrraju Posts: 3, Reputation: 1
    New Member
     
    #3

    Nov 12, 2010, 11:14 AM
    Quote Originally Posted by AtlantaTaxExpert View Post
    Both parents must either work or be attending school to qualify for use of the FSA Child Care option. Your wife neither works nor attends school, so you CANNOT ;legally use the $5k option tax-free.

    Since you CANNOt legally use the $5K option tax-free, the rest of the questions are irrelevent.
    Thanks a lot for your response.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Nov 12, 2010, 11:51 AM
    Glad to help; sorry I did not have better news for you.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Tuition fees paid for F-1 Visa holder - deductible or not? [ 9 Answers ]

Hi, I am a resident alien for tax purposes. My brother was in graduate school in 2007. He is on F-1 Visa and therefore not a resident alien for tax purposes. Thus, I cannot claim him as a dependent. I paid for his fees and expenses. Can I deduct this fees from my taxable income since I paid...

Tuition fees for F1 visa [ 1 Answers ]

I am on H1b visa and I have been paying for tuition fees of my brother who is on F1 visa. I understand that I cannot claim him as a dependent since he is not a citizen. But can I claim the tution fees that I am paying on my returns? Appreciate any help/comments in this matter. Thanks

Can I claim 2006 Tuition Fees on 2007 Tax Return [ 3 Answers ]

I received Form 1098-T for 2006 after I had filed my taxes last year. (2006). I wanted to know if I will be able to claim my 2006 1098-T, along with my 2007 1098-T, on my 2007 Tax Return ? If so, how ? :)

Tuition and Fees Deduction [ 3 Answers ]

Hi ATE, First of all, thank you for taking time in providing solutions for tax related issues. Here is my situation and question: I am filing resident 1040 MFJ return. In 2005, I have paid $12000 to a university for my MBA course. My employer reimbursed me $3000 out of the $12000. I am...

Tuition fees deduction [ 1 Answers ]

Hello, I was on F1 in 2003 and 2004 and now on h1b. I did not claim any eductaion expense tax benefit while I was on F1. So far I paid school fees from my own pocket. Can I claim tuition fees deduction while filing this years return?


View more questions Search