Frequently Asked Tax Questions
Interest/Dividends/Other Types of Income - Employee Reimbursements, Form W-2, Wage Inquiries
Rev. date: 1/2010
The information shown in box 10 of your W-2 is the total amount of dependent care benefits that your employer paid to you or incurred on your behalf. Any amount over $5,000 ($2,500 in the case of a separate return filed by a married individual) is also included in box 1:
- You must complete Schedule 2 (Form 1040A) or Form 2441, Child and Dependent Care Expenses, to compute any taxable and nontaxable amounts.