Dependent Care Expenses definition

Dependent Care Expenses means employment-related expenses incurred on behalf of a person who meets the requirements to be a "Qualifying Individual," as defined in the first bulleted item below. All of the following conditions must be met for such expenses to qualify as Dependent Care Expenses that are eligible for reimbursement:

Dependent Care Expenses means expenses Incurred to enable the Participant and the Participant's Spouse, if applicable, to be gainfully employed for any period during which there are one or more Qualifying Individuals with respect to the Participant, including expenses for household services and expenses for the care of a Qualifying Individual, determined pursuant to Code Section 129 and the regulations thereunder. The term "Dependent Care Expenses" shall not include:

Dependent Care Expenses means expenses incurred by a Participant which (i) are incurred for the care of a Qualifying Individual or for related household services,(ii) are paid or payable to a Dependent Care Service Provider (or as reimbursement to the Participant for such expenses) and (iii) are incurred to enable the Participant to be gainfully employed for any period for which there are one or more Qualifying Individuals with respect to the Participant. Dependent Care Expenses shall not include expenses incurred for the care of a Qualifying Individual unless such expenses qualify as an employment-related expense under Section 21(b)(2) of the Code.

Examples of Dependent Care Expenses in a sentence

• An eligible dependent is someone for whom you can claim expenses on Federal Income Tax Form 2441 "Credit for Child and Dependent Care Expenses." Children must be under age 13.

• With respect to the DCAP Benefits, you may change or terminate your election with respect to a Change in Status event only if (a) such change or termination is made on account of and conforms with a Change in Status that affects eligibility for coverage under the DCAP; or (b) your election change is on account of and conforms with a Change in Status that affects the eligibility of Dependent Care Expenses for the available tax exclusion.

• Participants who elect to participate in this program may submit claims for the reimbursement of Employment-Related Dependent Care Expenses.

• An eligible dependent is someone for whom you can claim expenses on Federal Income Tax Form 2441 "Credit for Child and Dependent Care Expenses." Children must be under age13.

• Under the DCAP Component, a Participant may receive reimbursement for Dependent Care Expenses incurred during the Period of Coverage for which an election is in force.

More Definitions of Dependent Care Expenses

Dependent Care Expenses means expenses Incurred to enable the Participant and the Participant's Spouse, if applicable, to be gainfully employed for any period during which there are one or more Qualifying Individuals with respect to the Participant, including expenses for

Dependent Care Expenses means expenses incurred by a participant which are incurred for the care of a dependent of the participant or for related household services, and are eligible expenses as allowed under and defined in the prevailing Internal Revenue Code and rules promulgated thereunder and as allowed by the Plan Administrator.

Dependent Care Expenses means expenses that are considered to be employment- related expenses under Code § 21 (b )(2) (relating to expenses for household and dependent care services necessary for gainful employment of the Employee and Spouse, if any), if paid for by the Employee to provide Qualifying Dependent Care Services.

Dependent Care Expenses means a Participant’s incurred expenses which (a) are incurred for the care of a Qualifying Individual, (b) are paid or payable to a Dependent Care Service Provider, and

Dependent Care Expenses means employment-related expenses incurred on behalf of a person who meets the requirements to be a “Qualifying Individual,” as defined in the first

Dependent Care Expenses means expenses for Dependent Care Services and Household Services which are necessary for the Participant to be gainfully employed.

Dependent Care Expenses means expenses considered to be Employment-Related Expenses under Code 21 (b)(2) (relating to expenses for household and Dependent care services necessary for gainful employment of the Participant and Spouse, if any), if paid for by the Participant to provide Qualifying Dependent Care Services as defined by the Internal Revenue Publication 503.