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Deductions & credits
Thank you PatriciaV. I appreciate your response.
Our daughter was on our health insurance plan (as a young adult / college student) so she didn't have any healthcare related expenses. The only expenses she incurred during the five months she was a child caregiver were: (1) gas, (2) mileage, and (3) occasional meals outside of the client family's home. Strangely, the expenses I have entered for her so far, gas and mileage, have not reduced her Fed or State tax liabilities at all... which I find a little strange. So that was the reason for my question... Am I doing something wrong in entering the several hundred dollars worth of expenses? Or, is there a minimum amount of expenses she has to have in order to reduce her Fed and State Tax liability (and she's just not meeting that minimum)? I'm puzzled by this. Thank you again.
P.S. My daughter is studying for a degree in Child Life / Child Development. Although she wasn't in school at the time she was self-employed as a Child Caregiver, are you suggesting she could deduct classes or books she took during 2021 that are related to this? Thank you.