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Deductions & credits
Yes, if you are reporting the income as earned income which would require you to file Schedule C and pay Self-Employment tax unless you are an employee and get a W2, you would be eligible to use that income towards the Earned Income Credit.
As a note, if your daughter claims you as a dependent on her tax return, she cannot use the funds she pays you as childcare expense for a credit on her return.
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‎February 17, 2022
8:10 PM