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Deductions & credits
When you have self-employment income---which is what you say you had---- if your business shows a loss, you will not get the childcare credit. You mention earning $2700 from the teaching job and having $2800 of expenses---so you are showing a loss. That is why you are not getting the childcare credit.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎January 6, 2025
5:55 PM