For Child and Dependent Care Assistance Provided Through an Employer

question 18

True/False

For child and dependent care assistance provided through an employer plan, an employer is allowed a deduction, and an employee is allowed an exclusion for gross income.The employee's exclusion is subject to an annual limit.

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Definitions:

Numerators

are the top numbers in a fraction, indicating how many parts of a whole are being considered.

Proportion

Another way of saying fraction.

Extremes

The highest or lowest level of a math function on an interval.

Proportion

A part or share of a whole, often expressed as a ratio or fraction, indicating the relationship in size or amount between parts.