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New Member
posted May 31, 2019 6:41:25 PM

I am trying to get the child care tax credit and the software is not recognizing my spouses earned income from the business section for 1099-K for self-employeed

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1 Best answer
Level 15
May 31, 2019 6:41:31 PM

Question answered by poster. They are not eligible for child care credit because spouse did not have net income from business.

5 Replies
Level 9
May 31, 2019 6:41:26 PM

Does the business show a profit?

Level 15
May 31, 2019 6:41:28 PM

Review your W-2 and their K-1 and make sure that each is listed for the correct person since each must have positive earned income for the form 2441.

Level 9
May 31, 2019 6:41:29 PM

1099K is a document showing amount of sales processed through a third party entity, typically a credit card company.

New Member
May 31, 2019 6:41:30 PM

The business does not show a profit, and I believe that to be the issue

Level 15
May 31, 2019 6:41:31 PM

Question answered by poster. They are not eligible for child care credit because spouse did not have net income from business.