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Dependent Care Credit Question
My wife and I currently plan to file married filing jointly. From January and up until about halfway through May of last year she was a stay at home mom. From mid-May until the end of November she was a part-time college student while also looking for work. She finally landed her full time dream job in November and continues to do college part time as well. When I try to input the daycare costs for our two daughters between November to EOY it says we do not qualify for the credit because my wife didn't make enough money. Is this correct? I'm especially curious because she did spend more than half of the year looking for work as well.
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‎January 17, 2023
11:45 AM