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Hi and welcome to Ja. I am Ray and will be the expert helping you today.
Thats not entirely correct.You can deduct a reduced amount here, but it is something.The percentage of expenses a family can claim steadily decreases as income rises, until families with AGI of $43,000 or more reach the minimum claim rate of 20 percent, qualifying for a maximum potential credit of $1,200.
So you should be able to deduct at least $1,200 as credit here is prorated, the more you make the less the deduction.But you should at least get some deduction here.
You may also see if either one of you can set up a flexible spending account (FSA) here with either employer.It allows you to pay with tax free income by payroll deduction.It might be an option if either has an employer that offers this.
Reference to the grid and amount I gave you above..
You can deduct a piece here, $1.200 I know this doesn't come close but it's something.
I appreciate the chance to help you today.Please let me know if you have more followup.
This is a $1,200 credit , it comes directly off your taxes so thats something here.