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Which of the following statements about FSAs is incorrect? A taxpayer can direct a total of $5,000 from both employer and employee funds into a

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Which of the following statements about FSAs is incorrect? A taxpayer can direct a total of \$5,000 from both employer and employee funds into a child or dependent care FSA. Without employer intervention, funds remaining in the account at the end of the year roll forward to the next year. Contributions are pre-tax. Expenses paid for with FSA dollars cannot be used to calculate a related credit

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