For Purposes of the Limitation on Qualifying Expenses for the Child

question 12

True/False

For purposes of the limitation on qualifying expenses for the child and dependent care credit,a spouse who is either a full-time student or is incapacitated is deemed to have earned income of $250 per month,or $500 per month if there are two or more qualifying individuals in the household.

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Definitions:

Overseers

Individuals or entities responsible for supervising or managing activities, processes, or people.

Coordinate

A set of values that show an exact position on a grid system or map, usually defined by x and y (or longitude and latitude) values.

Services

In computing, services refer to functions or applications that are made available to users or other applications over the network.

Specific Tasks

Particular or defined activities or jobs assigned to a person or a system to accomplish.