Net FSA benefit
$1,233
FSA tax savings minus the dependent care credit value displaced by FSA dollars.
Free Dependent Care FSA Calculator
A dependent care FSA calculator estimates how much pre-tax childcare money can reduce federal income tax, Social Security, Medicare, and state tax. This calculator also compares the FSA benefit with the child and dependent care tax credit so families can plan a practical contribution.
Estimate your contribution
Estimated savings
Usable FSA amount
$5,000
Capped at $5,000 and eligible care costs.
Gross FSA tax savings
$1,233
Uses an estimated combined savings rate of 24.6%.
Remaining care credit
$1,260
21.0% credit rate on $6,000 remaining expenses.
Side-by-side childcare cost
- Without FSA
- $12,740
- With FSA
- $11,508
This is a planning estimate, not tax advice. Confirm eligible expenses, use-it-or-lose-it deadlines, earned income limits, and current IRS rules before enrollment.
How to use this calculator
Step 1
Enter annual childcare costs
Add the amount you expect to pay for daycare, preschool, after-school care, summer day camp, nanny care, or other eligible dependent care.
Step 2
Choose filing status and income
Use household earned income and filing status so the calculator can estimate the federal marginal tax rate and annual FSA contribution limit.
Step 3
Set a contribution amount
Enter the dependent care FSA amount you are considering. The tool caps the usable amount at the annual limit and eligible care costs.
Step 4
Compare tax outcomes
Review FSA tax savings, remaining dependent care tax credit, and estimated net benefit before choosing an enrollment amount.
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Dependent care FSA FAQ
What is a dependent care FSA?
A dependent care FSA is an employer benefit that lets eligible workers set aside pre-tax pay for qualifying dependent care expenses. It can reduce federal income tax, Social Security, Medicare, and sometimes state income tax.
How much can I contribute to a dependent care FSA?
Most married filing jointly, single, and head-of-household taxpayers can contribute up to $5,000 per year. Married filing separately taxpayers are generally limited to $2,500. Your usable benefit is also limited by eligible expenses and earned income rules.
Can I use a dependent care FSA and the child care tax credit?
Yes, but not for the same dollars. Dependent care FSA contributions reduce the expenses that can be counted for the child and dependent care tax credit.
Is a dependent care FSA better than the childcare tax credit?
It depends on income, tax rate, care costs, and contribution amount. Higher marginal tax households often benefit more from the FSA, while some lower-income households may get more value from the tax credit.
What expenses are eligible for a dependent care FSA?
Common eligible expenses include daycare, preschool, before-school and after-school care, summer day camp, and nanny care needed so parents can work or look for work. Overnight camp and regular school tuition usually do not qualify.