That was the essence of his vision - which was all rank folly, if one would, while he was out of the house and otherwise occupied, but which took on the last verisimilitude as soon as he was placed and posted.
How Much You Can Contribute. The minimum and maximum amounts you can contribute to the Dependent Care FSA are set by your employer, although the maximum allowed by the IRS is $5,000 a year for individuals or married couples filing jointly, or $2,500 for a married person filing separately.
You may be allowed to set aside up to $5,000 in pretax money for the year in a flexible spending account for dependent-care expenses. Or you could claim those expenses for the dependent-care credit when you file your 2010 tax return.But you can't use the same expenses for both tax breaks.ou can sign up for the FSA during open-enrollment season, then keep track of your child-care expenses throughout the year and possibly qualify for the credit on the extra $1,000 in expenses when you file your 2010 tax return. If you qualify for the 20% credit on that $1,000, you'll save an extra $200 on your taxes.