Employer-provided dependent care benefits
GPTKB entity
Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
employee benefit
|
| gptkbp:affects |
eligibility for dependent care tax credit
|
| gptkbp:benefit |
employee
|
| gptkbp:eligibleDependents |
children under age 13
spouse or dependent incapable of self-care |
| https://www.w3.org/2000/01/rdf-schema#label |
Employer-provided dependent care benefits
|
| gptkbp:maximumLoanAmount |
$5,000 per household (as of 2023)
|
| gptkbp:mayInclude |
direct payment to care providers
flexible spending account reimbursement for dependent care |
| gptkbp:provides |
employer
|
| gptkbp:purpose |
to assist employees with dependent care expenses
|
| gptkbp:regulates |
gptkb:IRS
|
| gptkbp:reportsTo |
gptkb:Form_W-2,_Box_10
|
| gptkbp:subject |
gptkb:Internal_Revenue_Code_Section_129
|
| gptkbp:taxStatus |
excluded from employee's gross income up to the annual limit
|
| gptkbp:bfsParent |
gptkb:IRS_Form_2441
|
| gptkbp:bfsLayer |
5
|