Up to $10,000 of Dependent Care Expenses Can Be Excluded

question 88

True/False

Up to $10,000 of dependent care expenses can be excluded from an employee's compensation.

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Definitions:

Euphoric

A state of intense happiness and excitement.

Lithium

A mood-stabilizing drug commonly used to treat bipolar disorder and prevent episodes of mania and depression.

Maintain Normal

Refers to keeping or continuing usual or expected conditions, often concerning health, environment, or operations.

Divalproex

A medication used to treat seizure disorders, bipolar disorder, and to prevent migraine headaches.