For the taxable years beginning in 2023, the dollar limitation for employee salary reductions for contributions to health flexible spending arrangements increases to $3,050.
Cafeteria Plans
For cafeteria plans that permit the carryover of unused amounts, the maximum carryover amount is $610, an increase of $40 from taxable years beginning in 2022.
Commuter Benefits
For commuter benefits, the monthly limitation for the qualified transportation fringe benefit and the monthly limitation for qualified parking increases to $300, up $20 from the limit for 2022.
Dependent Care
For dependent care, the annual limits will remain $5,000 for single taxpayers and married couples filing jointly or $2,500 for married people filing separately.
