You do not have to exclude all your wife's income. You can include on your return an amount equal to what you paid in daycare, or $4,000 for one child and $8,000 for two or more children, whichever is less and see whether you get a better tax benefit doing it that way.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
