@SC715 wrote:
It was a net loss for the business (in year 2) but that didn't matter last year.
It doesn't say why we don't qualify
It's under the correct spouse
Child is 2
Although your expenses are "qualified" because you both work, the dollar amount of the credit is based on the earned income of the lower-earning spouse. If your business shows a loss and you don't have income subject to SE tax on schedule SE, then you aren't eligible. Sorry.
