Dependent and Childcare Tax Savings Calculator

Optimize your tax savings by comparing Dependent Care FSA and Tax Credit strategies.

Your Information

Annual Household Income($)*

Filing Status($)*

State

Qualifying Dependents($)*

Do you have access to a Dependent Care FSA?

Yes No

Planned FSA Contribution($) (Max:$5,000)*

Annual Dependent Care Expenses

Daycare($)*

Babysitting($)*

Summer Camp($)*

Before/After School Care($)*

Preschool/Nursery School($)*

Nanny/Au Pair($)*

Total Expenses: $ 5,000

Disclaimer: This calculator is provided by SitterSync for informational and educational purposes only and does not constitute legal, tax, or financial advice. The results are estimates based on the information you provide and current tax laws, which are subject to change. Eligibility for tax benefits such as the Dependent Care FSA and the Dependent Care Tax Credit may vary based on your specific financial situation and IRS rules. You should consult a qualified tax advisor or financial professional to confirm your eligibility and determine the best strategy for your personal circumstances. Use of this calculator does not create any client or advisory relationship, and we make no guarantees as to the accuracy or applicability of the results.