Qualifying Dependent Care Expenses definition

Qualifying Dependent Care Expenses means any dependent care expenses incurred by a Participant for dependent care services which qualify for the federal tax credit under
Qualifying Dependent Care Expenses shall have the meaning given to it in Section 6.01A of this Plan.
Qualifying Dependent Care Expenses means any dependent day care related expenditures incurred on or after the Effective Date and during the Plan Year, which are incurred to enable the Participant (and his or her Spouse, if any) to be gainfully employed and meet the criteria for exclusion from income as "dependent care assistance" under Section 129(e)(I) of the Code, as amended.‌

Examples of Qualifying Dependent Care Expenses in a sentence

  • Each Participant will be entitled to receive for each Plan Year reimbursement of Qualifying Dependent Care Expenses which are incurred during the Plan Year for which a dependent care tax credit is not taken on the Participant's income tax return, up to the dollar amount of coverage elected by the Participant for that Plan Year.


More Definitions of Qualifying Dependent Care Expenses

Qualifying Dependent Care Expenses means Employment Related Expenses for the care of a Qualifying Individual.
Qualifying Dependent Care Expenses means expenses that are eligible to be reimbursed fromthe Dependent Care Account, as described in part 5.06.