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zuzanagv
New Member

Can I still deduct child care expenses (daycare and afterschool program), when my husband works full time and I am part time student and part time self-employed?

 
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Accepted Solutions
Hal_Al
Level 15

Can I still deduct child care expenses (daycare and afterschool program), when my husband works full time and I am part time student and part time self-employed?

Only if the self employment shows a profit (positive net income, after expenses).

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4 Replies
zuzanagv
New Member

Can I still deduct child care expenses (daycare and afterschool program), when my husband works full time and I am part time student and part time self-employed?

And can I still deduct tuition and business expences?
Hal_Al
Level 15

Can I still deduct child care expenses (daycare and afterschool program), when my husband works full time and I am part time student and part time self-employed?

Those two items are unrelated to the dependent care credit.
You can deduct the business expenses, of the self employment, directly on Schedule C. You do not have to itemize deductions.
Tuition you paid may qualify for a tuition credit or, if related to your occupation, may be deducted on schedule C
zuzanagv
New Member

Can I still deduct child care expenses (daycare and afterschool program), when my husband works full time and I am part time student and part time self-employed?

Thank you!
Hal_Al
Level 15

Can I still deduct child care expenses (daycare and afterschool program), when my husband works full time and I am part time student and part time self-employed?

Only if the self employment shows a profit (positive net income, after expenses).

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