Dependent care FSA
The dependent care FSA is a savings account that lets you set aside up to $7,500 on a pre-tax basis to use for eligible child care and elder care expenses, such as before- and after-school programs, day camp, and nanny care.
Manage FSA account
How it works
You can use the Dependent Care FSA if you need care for an eligible family member so you—and your spouse, if married—can work or look for work.
Eligible expenses include daycare centers, after-school programs, babysitters, elder care and certain day camps. Reimbursements are limited to the current balance in your account. For details on eligible expenses, see IRS Publication 503. You can also view a list of covered expenses on WEX’s site.
2026 contribution limits:
- Up to $7,500 if single or married filing jointly
- Up to $3,750 if married filing separately
Some dependent care expenses may be eligible for the federal tax credit, but you cannot claim both the FSA reimbursement and the tax credit for the same expense. Consider consulting a tax adviser to determine your best option.
FAQs
What can I spend the money on?
Qualified dependent care FSA expenses include:
- Daycare
- Preschool
- Babysitting
- Summer camp
- After school programs
- Elder care services
- Field trips
- School tuition
See IRS Publication 503 for a full list
Benefit information
Eligibility
Eligible family members include:- Your dependent children under age 13.
- Your spouse or another qualifying dependent of any age who is physically or mentally unable to care for themselves and lives with you for more than half the year.