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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121585  
Subject: Re: Flex Spending Accounts Date: 4/21/1998 8:27 PM
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[[I have box 10 filled on my W-2 form. Does this mean I have to file form 2441? Does this have to
do with my flex spending accounts, or is this different? It has 580 (dollars, I assume) in this box and
TurboTax is forcing form 2441 on me because of it. It also looks like TurboTax is adding this to my
general wages. I am hoping this is a TurboTax bug, but I don't know for sure, trying to get answer
from them, also. If I do have to file this form, it forces me to file jointly instead of separately
(according to the IRS, who couldn't answer this question fully for me). This will cost me when doing
state taxes, the marraige penalty in Ohio is nasty.]]

If you have received dependent care benefits (DCBs) through your Section 125 plan, you MAY be required to take some of these benefits back into income if they are over the allowable limits, or if you otherwise don't qualify for the dependent care credit.

Since I don't have all of the details, I can only assume that TurboTax did not "glitch" this issue, and that you may be required to take some of your DCBs back into income.

For additional information, check out the instructions for page 2 of the Form 2441. You might also want to check out IRS Publication 503 for clarification.

TMF Taxes
Roy

SPECIAL NOTE: Remember that this response is not the "last word" on your situation. It is really only a starting point. Make sure to review the "Read This First" post
(http://www.fool.com/School/Taxes/TaxesDisclaimer.htm) for additional information. In addition, many of your questions may already be referenced in the Taxes Frequently Asked Questions area. In order to visit the Taxes FAQ area, go to the Fool's School area (http://www.fool.com/school.htm) and check out "Other Features" in the list box, OR you can jump directly to the Taxes FAQ area (http://www.fool.com/school/taxes/taxes.htm). Additionally, if any references were made to the IRS Web Site, you can get there by pointing your web browser to (http://www.irs.ustreas.gov).
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