compensation for SAHP's, according to
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| Mon, 07-03-2006 - 10:00pm |
the census bureau, and salary.com.
i found this in the local paper today, and granted, its in the dear abbey section, i found the information she gave was very interesting and pertained to a lot of questions in another thread.
http://www.theday.com/re.aspx?re=79d4660d-963e-4ccf-adbd-9435d20c1a8b
"According to the Census Bureau figures for 2004 — which are the most recent — there are 36.7 million mothers of minor children in the United States. About one-third of them, 10.8 million, are stay-at-home moms.
According to an article penned by Al Neuharth, the founder of USA Today, in its May 11, 2006, edition, “Salary.com compensation experts estimate that stay-at-home moms work an average of 91.6 hours a week.” That's more than double the number of hours the average office worker puts in. He went on to say, “That should be worth $134,121 annually.”
He quoted the compensation analysts as figuring the lowest-paying parts of a mother's job are “housekeeper, laundry machine operator and janitor. Higher-paying categories include computer operator, facilities manager, psychologist and CEO.” With a 91.6-hour work week, 52 weeks a year, it works out to be $28.16 an hour."

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The sahm is not paying daycare so what is there to deduct...from?
edited to add the not in there
Edited 7/11/2006 3:25 pm ET by pumpkinangel
PumpkinAngel
It's the IRS.
PumpkinAngel
What's the difference?
PumpkinAngel
It's because you don't have anything to deduct it from.
PumpkinAngel
You don't have an income to deduct this credit from.
PumpkinAngel
Jennie
It's not optional if both parents work.
PumpkinAngel
Because you don't work or go to school.
PumpkinAngel
It's all about generating income.
PumpkinAngel
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