Figuring our Childcare Credit

[SC715]

I keep getting that I do not qualify for the childcare credit

Filing Jointly

My wife  works and receives a W2

I'm self employed with 1099 NEC 

We both check off the qualifications of having income, under $400k, 1 child and paid for childcare (over 13k)

When going through I keep getting does not qualify... 

[VolvoGirl]

Is there a message why?  Like does it say you need to be disabled, etc?  Do you have a Net Profit on your Schedule C self employment?  Be sure to enter the W2 and Schedule C under the right spouse.  How old is your child?  

[SC715]

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

[Opus 17]

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@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

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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.