Child and Dependent Care Credit can be claimed when one person is looking for work in the entire fiscal year. It is not showing in the options

Forum|Forum|1 year ago
January 24, 2025
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xmasbaby0

Employee

There is a "catch" to that----you must actually find a job and begin working at a job in the tax year in order to get the childcare credit. Did you begin working in 2024?

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jbharath11Author

No, My spouse didn't work in 2024

Opus 17

Employee

The credit is based on your actual income or your spouse's income, whichever is lower. So even though the care is considered "qualified" if you are unemployed and looking for work, you can't actually claim a credit unless you got paid something.

jbharath11Author

Ok, understood
I was under the thinking that the minimum wage calculation of @250/month for full time students is also applicable for looking for work. Anyway I am not eligible to claim it now

Opus 17

Employee

@jbharath11 wrote:

Ok, understood
I was under the thinking that the minimum wage calculation of @250/month for full time students is also applicable for looking for work. Anyway I am not eligible to claim it now

Correct. The imputed income calculation for students does not apply to unemployment. That's just how the law was written.