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In order to have a child and dependent care benefit, your LLC income self-employment income cannot be negative. When your LLC income is negative, that means you have no income for this purpose.
If your income is not negative, are you married and filing a joint return? Both spouses need income for this, or to be a full-time student or disabled.
Does it make sense that your LLC is operating at a loss? If not, review your income and expenses on that.
In order to have a child and dependent care benefit, your LLC income self-employment income cannot be negative. When your LLC income is negative, that means you have no income for this purpose.
If your income is not negative, are you married and filing a joint return? Both spouses need income for this, or to be a full-time student or disabled.
Does it make sense that your LLC is operating at a loss? If not, review your income and expenses on that.
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