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Homework answers / question archive / Which of the following statements regarding the child and dependent care credit is true? A
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 are true.
Correct option is 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.
