wanted to clarify the below statement: "If one of you is self-employed and showed a loss you will not be able to get the childcare credit."
net loss deducts from earned income, earned income is anything that is from a W2 or self-employment combined. So for example, if I have 10K in earned incomed but a loss of 11K I cannot get the child care credit, however, if you reduce your net loss to 9,999 it will let you claim it. This is usually don't by reducing your self-employment deductions. I will also share this is sometimes not worth doing because you generally have to pay a lot in childcare just to get a good credit
