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Company ABC provides a dependent care assistance flexible spending arrangements to its employees through a cafeteria plan. In addition,Emily used the on-site dependent care several

Company ABC provides a dependent care assistance flexible spending arrangements to its employees through a cafeteria plan. In addition,Emily used the on-site dependent care several times. The fair market value of the on site care was $700. Emily form W-2 should report $5200of dependent care assistance in BOX 10. If all other conditions are met, what is the maximum amount excludable from gross income for the dependent care expenses Emily can report on her tax return?

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