Dependent Fsa Limits 2024 India. — the new dependent care fsa annual limits for pretax contributions are $10,500 (up from $5,000) for single taxpayers and $5,250 (up from $2,500) for married individuals filing. — internal revenue code §129 sets the annual dependent care fsa contribution limit at $5,000 (or $2,500 for married individuals filing separately).
The 2024 fsa contributions limit has been raised to $3,200 for employee contributions (compared to $3,050 in 2023). — [updated with 2023 and 2024 limits] flexible spending accounts (fsa) have been around for a while now and many families use them as a tax advantaged way to save for.
Dependent Fsa Limits 2024 India Images References :