My wife is self employed and I'm a W2 and turbo tax is telling me we don't qualify for the child and dependent care credit. Why would this be?

It says both spouses must have earned income. My wife's business is just starting up so expenses exceed revenue. Does this mean she doesn't have earned income?

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My wife is self employed and I'm a W2 and turbo tax is telling me we don't qualify for the child and dependent care credit. Why would this be?

Unfortunately, that's correct.

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