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Increasethe maximum annual tax-exempt amount for dependent care Flexible Spending Accounts.

Created by A.H. on December 27, 2012

Families with children in full time day care generally pay $10k or more per year per child, yet can only elect $5000 per year per family for flexible spending. The tax-exempt amount should be increased to reflect the real costs of dependent care! $10k per child per year up to age 6, $5k from ages 7-12, per child, for example.

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