Article Date:
April 2009

Word Count:



Creating a Dependent Care Credit

I have a follow-up question on your dependent care question and answer in the January 2009 issue of Tax Reduction Letter, Vol. 18, No. 1. To make this clear, let’s assume the following facts:



The husband is a sole proprietor with a net income of $100,000 on his Schedule C.


The wife is a stay-at-home mom with three children under age 6.


The wife has no earned income.


The couple spends $6,000 on child care during the year.


With this situation, this couple gets zero ... Log in to view full article.

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