For working caregivers

You're already paying for a parent's care. A good chunk of it can be pre-tax.

If you help support a parent, US benefits let you cover a real slice of their care with pre-tax dollars, which can hand back close to a third of what you spend. Most caregivers never claim it, because open-enrollment forms are written for daycare and dental, not for looking after a parent. This report runs your household and shows you exactly which accounts to fund, and what you'll save.

  • Built on the actual IRS rules, cited on every line
  • Runs your real bracket, household, and dependent
  • A $14 PDF, delivered in minutes
Why it's worth $14

The savings are real. Most caregivers just never see them.

1

Your $5,000 care account isn't only for daycare.

Most people think a Dependent Care FSA is just for kids. IRS Publication 503 is clear that a parent you help support, who cannot look after themselves, can count too, as long as the care lets you work. That is up to $5,000 a year of a parent's care, paid pre-tax. HR rarely raises the parent case at enrollment.

2

ABLE can be powerful, if the timing fits.

ABLE accounts grow tax-free and don't count against benefits like SSI, which makes them the strongest shelter of all when they apply. But the disability has to have started before a set age (26, rising to 46 in 2026). A parent diagnosed at 71 doesn't qualify. We test this honestly so you don't waste an enrollment slot.

3

Your Medical FSA can cover a parent's Medicare costs.

A parent you claim as a dependent counts here too. Their Medicare Part B premiums, prescription co-pays, dental work and equipment can all be reimbursed from your Medical FSA, pre-tax, up to $3,200 a year. Almost no benefits booklet spells out that a dependent parent is included.

4

The big tax deduction is usually a mirage.

Many caregivers assume the medical deduction on Schedule A will catch their spending. It only counts the part above 7.5% of your income, which for most households means it does nothing at all. Your report tells you when it's a real lever and when it isn't, so you stop banking on it.

Sample report

Exactly what lands in your inbox.

Real numbers and a real household: a working caregiver supporting a parent with dementia.

Caregiver Tax Savings · Caregiver Report
Packet FCS-2026-OE · Issued 17 May 2026
Open enrollment
1

Your household and bracket

FilerSample employee, full-time W-2
Filing statusMarried filing jointly (MFJ)
Household income$185,000 combined wages
Federal marginal bracket (2026)24%, MFJ $206,700 ceiling
FICA on FSA contributions6.20% OASDI + 1.45% Medicare = 7.65%
Combined saving rate (Fed + FICA)24% + 7.65% = 31.65%
Person you supportFiler's parent, age 71, mid-stage dementia
Dependent status §152(d)Qualifying relative (income under $5,200, over 50% support)
Disability onsetAge 71, after 26 (relevant to the ABLE test below)
2

Account A: Dependent Care FSA

ELIGIBLE

Funded through payroll, pre-tax. Under IRS Publication 503 and IRC §21, a parent who cannot self-care and whom you support counts as a qualifying person, as long as the care lets you (and your spouse) work or look for work. In-home aide hours qualify.

Household cap (MFJ)per household, not per dependent$5,000.00
Elected for plan yearrecommend max$5,000.00
Federal income tax avoided$5,000 × 24%$1,200.00
FICA avoided (employee share)$5,000 × 7.65%$382.50
Care FSA saved in year one$1,582.50

Note: the care FSA and the Dependent Care Credit (Form 2441) are coordinated, so you can't claim the same dollar twice. At the 24% MFJ bracket the FSA almost always wins.

3

Account B: ABLE account (IRC §529A)

NOT ELIGIBLE

ABLE accounts let a person with a qualifying disability hold up to $100,000 without losing SSI, and grow contributions tax-free for disability expenses. The disability must have started before age 26 (raised to age 46 from 2026). Onset at age 71 falls outside both windows, so this account is closed for this dependent.

Age at onset of qualifying condition71FAIL
Required onset (pre-2026 rule)before age 26n/a
Required onset (2026 expansion)before age 46n/a
Annual contribution cap (if eligible)$18,000 plus ABLE-to-Workn/a
ABLE saved in year one$0.00

We document this honestly: the test fails for this dependent. If your dependent's condition began before 26, this would usually be the largest saving on the report by a wide margin.

4

Account C: Medical FSA

ELIGIBLE

A Medical FSA reimburses qualified medical costs under IRC §213(d) for you, your spouse, and your tax dependents, including a parent you claim. Medicare Part B and D premiums, co-pays, dental work and equipment for the parent all reimburse. The 2026 cap is per employee, not per dependent.

2026 employee capper IRS Rev. Proc.$3,200.00
Projected qualifying spendpremiums + co-pays + equipment$3,200.00
Federal income tax avoided$3,200 × 24%$768.00
FICA avoided (employee share)$3,200 × 7.65%$244.80
Medical FSA saved in year one$1,012.80
5

Account D: Schedule A medical deduction (for reference)

BELOW FLOOR

The Schedule A medical deduction lets you deduct unreimbursed medical costs, but only the part above 7.5% of your income. On a $185k income that floor is $13,875, and the household's spend after the FSAs is well below it, so this contributes nothing this year. We show it so you don't assume it will.

AGIfiled jointly$185,000
7.5% of AGI floor$185,000 × 7.5%$13,875
Out-of-pocket medical (after FSA)projected$4,200
Deductible amount above floormax(0, $4,200 − $13,875)$0
Schedule A saved in year one$0.00
6

Your total, and what to elect

Account Elect Eligibility Tax saved
Dependent Care FSA, parent in-home care$5,000Eligible (Pub. 503)$1,582.50
ABLE account (IRC §529A)noneNot eligible (onset over 26)$0.00
Medical FSA, dependent parent spend$3,200Eligible (§213(d))$1,012.80
Schedule A medical deductionnoneBelow 7.5% floor$0.00
Total saved in year one (Fed + FICA)$2,599.30

That is real cash back, from ticking two boxes on the open-enrollment form. The same household at the 32% bracket would save closer to $3,150. Your report runs your actual bracket and your actual dependent.

Caregiver Tax Savings · Caregiver Report
Packet issued 17 May 2026
Educational only. Not tax, legal, or benefits advice. Sources: IRS Publication 503; IRC §21, §125, §152(d), §213(d), §529A; Rev. Proc. 2025-32 (2026 FSA limits). Confirm your care FSA and Medical FSA elections with your plan administrator before open enrollment closes, and check ABLE eligibility against your dependent's medical record before opening an account.

That is your actual deliverable: six tight pages, with your own household plugged in.

Get my savings report · $14
The accounts

One report. Four eligibility tests. Checked in order.

$5k
Dependent Care FSA, MFJ cap

IRS Pub. 503, IRC §21. Covers care for a parent who cannot self-care, while you and your spouse work or look for work. In-home aide hours and adult day care qualify. Half the cap per spouse if you file separately.

<26
ABLE account, IRC §529A onset

The disability must have started before age 26 (rising to 46 in 2026). Then it offers a $18,000 a year cap, $100,000 protected from SSI, and tax-free growth. The strongest shelter when eligibility holds, and closed when it doesn't.

$3.2k
Medical FSA, per-employee cap

IRC §213(d). Reimburses qualified medical costs for you, your spouse, and your tax dependents, including a parent you claim. Medicare premiums, dental, prescriptions, equipment. Use-it-or-lose-it, with the usual carryover rules.

Sources: IRS Pub. 503 (2026) · IRC §21, §125, §152(d), §213(d), §529A · Rev. Proc. 2025-32 (2026 FSA limits) · ABLE Age Adjustment Act.
How it works

Three steps to your open-enrollment answer.

1

Answer nine questions

Your household, your bracket, and the parent you support. Each one is written in plain language, no jargon.

2

We check every account

Each one tested against your real facts, with the rule written out beside the result, so you can trust it.

3

You get your PDF

Six pages in minutes: your total saving, and the exact boxes to tick before open enrollment closes.

Order

One report. Fourteen dollars.

Answer nine plain-language questions about your household, your bracket, and the parent you support. We send back a six-page report: every account tested against your real facts, your total saving stacked, and the exact elections to make at open enrollment. If your first pass on the questions was off, re-run it free for 30 days.

  • Whether a parent qualifies for your care FSA
  • Whether an ABLE account is open to you
  • What your Medical FSA can reimburse
  • Whether Schedule A is worth anything for you
  • Re-runs free for 30 days
$14 one-time

Tell us about your household and who you help care for. Rough numbers are fine, we round.

Matters for one account (ABLE). Leave blank if there's no disability.
Roughly what you pay for hands-on care.
Premiums, co-pays, prescriptions, equipment.
Delivered as a PDF within minutes. Watermarked to you. Educational only, not tax or benefits advice.