Department of Management Services

Dependent Care Reimbursement Account Estimator (for Active Employees)

Enter your expected expenses for the year ahead to provide care for an eligible child or an adult dependent so that you can work. Estimate your expenses carefully. Due to the IRS "use it or lose it" rule, you will forfeit any money remaining in your Dependent Care FSA at the end of the plan year if you have not filed a claim for it by the April 15 claim deadline for that year.

Also, keep in mind that you may be eligible to take advantage of the federal tax credit for child and dependent care as an alternative to using the Dependent Care FSA. You may wish to consult a tax advisor to determine whether the federal tax credit or Dependent Care FSA is best for you.

Please enter amounts in whole dollars (no decimal point, comma, or dollar sign).

Types of Expenses Your Projected Annual Cost
Babysitters in your home: $
Babysitters outside your home: $
Licensed day-care centers: $
Preschools/nursery schools: $
Summer day camps: $
Care providers for qualified adults: $

Income Tax Filing Information (to help estimate your tax savings)
Filing status (required field): Number of dependents:
Do not include yourself or your spouse.
Total annual income:
Enter estimated income for the upcoming calendar year from all sources you would include on your tax form, including wages, bonus, investment income, etc. Include income for your spouse if your filing status is "Married (joint)".

to determine the following:

Your Results
Total projected expenses: $
Suggested contribution amount based on total projected expenses (Maximum contribution per calendar year is $5,000; $2,500 if married and filing separately): $
Potential federal income tax savings: $
Potential FICA tax savings: $
Total estimated federal and FICA tax savings:

form and enter new projection amounts. To modify a current scenario, simply adjust the numbers above and click the Calculate/Recalculate button.

Note: This Dependent Care FSA Estimator is an estimating tool only. Estimate your out-of-pocket expenses carefully. You cannot change your contribution amount after enrollment ends, unless you experience a qualified status change, and you forfeit any money you have not claimed by the claim filing deadline for the plan year.

Using this calculator does not enroll you in a Dependent Care FSA.