|
Dependent Care Spending Account
|
Child Care Voucher Program
|
| Open Enrollment
|
Mid-October through Mid-November
|
January through April 15
|
| Other Application
Period |
Within 60 days of a qualifying event
|
NONE
|
| Income Ceiling
|
NONE
|
Family adjusted gross income under ceiling *
|
| Eligible Employees
|
Full-time and part-time permanent employees
|
Permanent full-time or permanent part-time employees who are either exempt
or represented by District 1199 or OCSEA
|
| Forms
|
FSA Enrollment/Change Form
|
Application form ADM 4306 and a copy of the US IRS Form 1040
|
| Benefit
|
No federal or state taxes on up to $5,000 through payroll deduction ($2,500
each for married employees who
file taxes separately)
|
Once a year payment *; nontaxable as long as spouse worked,
was a full-time student, disabled or seeking work
|
| Mechanics
|
You specify payroll deduction amount when you enroll. You may request
a repayment from the account
as often as every week
|
You submit the completed application form and receive payment within
60 days
|
| Qualifying Dependents
|
Children under age 13 who live in the employee's home and other dependents
who live with you who are unable to care for themselves
|
Children who were under age 13 and who lived in your home
|
| Qualified Expenses
|
Any expenses necessary for the dependent so that you can work. The DCSA
benefit cannot be for child support or care provided by your dependent
child under the age of 19. Overnight or residential care and medical
expenses are not eligible.
|
Any expenses necessary for the dependent so that you can work. The CCV
benefit cannot be for child support or care provided by another dependent
or your child under the age of 19. Overnight or residential camp and
medical expenses are not eligible.
|
