Stock Listings In Separate Section

The financial listings that usually appear in the business section of the Saturday Spokesman-Review have been shifted to Investments Weekly, a new publication that debuts today.

The weekly insert with expanded stock and mutual fund listings is free, but is delivered only to readers who request it.

If you ordered Investments Weekly but did not receive it, call 747-4422 or 1-800-338-8801, extension 7000. If you did not request the section but would like to receive it next week, please call the same numbers before 5 p.m. Wednesday.

The section is available only to home-delivery customers.

Financial listings in the Tuesday-Friday Spokesman-Review will remain the same.

Use care with care credit

Many companies offer a Dependent Care Reimbursement Account, to help alleviate the cost of employment-related child care. Such accounts accumulate funds which the employee can use to pay for dependent care, in pretax dollars.

Typically, the employee elects to have up to $5,000 a year withheld, before taxes. As expenses are incurred, the employee submits receipts and receives a tax-free reimbursement.

However, the IRS imposes a harsh “use it or lose it” rule. Any amount unused at the end of the period is forfeited.

Thus the employee must make a careful estimate. What expenses qualify? Typically, they are the same employment-related costs that would qualify for the dependent care credit.

Such expenses must be incurred for or on behalf of a dependent under 13 who lives with the taxpayer, or for a spouse or dependent who’s physically or mentally incapable.

Examples include the costs for baby sitters, housekeepers or cooks, if services are provided in part to a qualifying individual. Costs for services outside the home might include day care centers or afterschool care.

The dependent care credit is generally 30 percent of up to $2,400 of employment- or educationrelated expenses, if the household has one qualifying individual. The maximum base is increased to $4,800 if the household has more than one qualifying individual.

, DataTimes