Which of the Following Statements Regarding the Child and Dependent

question 85

Multiple Choice

Which of the following statements regarding the child and dependent care credit is true?

• A)A married couple must file jointly to claim the credit.
• B)A taxpayer may claim a credit for dependent care expenses for a dependent who is 14 years old or older but only if the dependent lives in the taxpayer's home for the entire year.
• C)All else equal,a taxpayer making qualifying expenditures for three children may claim more dependent care credit than a taxpayer making (the same amount of) qualifying expenditures for two children
• D)None of these statements is true.Married taxpayers must file jointly and the credit is based on the income of the lesser-earning spouse.

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