Which one of the following statements is incorrect in this r

Which one of the following statements is incorrect in this regard? a. If you are married, both you or your spouse must work or look for b. To qualify to deduct expenses, you must work full-time. 45. Child and dependent care expenses must be work-related to qualify for the credit work c. The expenses paid for care to be work related, must allow you to work or look for work. Your expenses qualify if you are working in your own business. d. only if their main purpose is for the person\'s well-being and protection. Which one of the following statements is correct in this regard? 46. Expenses for care of a qualifying person for purposes of child care credit qualify a. The cost of food qualifies. b. The expenses for a child in pre-school qualify c. The expenses for clothing qualify. d. The expenses for a child to attend kindergarten qualify. 47. Which one of the following statements is correct in regard to qualified work- related expenses for the child and dependent care credit? The cost of meals that your housekeeper eats in your home are work related. Employment taxes you pay on your housekeeper\'s wages for child and dependent care services are work-related. Payments to your child who is under age 19 are deductible. Both a and b are correct. a. b. c. d. 48. In order to qualify for deducting the child care credit, you must pay certain costs for keeping up a home. Which one of the following statements is correct in this regard? a. The cost of property taxes is a qualified expense. b. The cost of medical treatment is a qualified expense. c. The cost of clothing is a qualified expense. d. The cost of life insurance is a qualified expense.

Solution

45. Child and dependent care expenses credit can be taken in the following conditions:

1. Both spouse should work or look for work.

2. The expenses paid to be work related.

3. The credit can be taken if person is working in his/her own business.

4. He/ she can work either full time or part.

In the given case, B is answer as work can either be full time or part time.

46. Expenses for a child in nursery school, preschool, or similar programs for children below the level of kindergarten are expenses for care. Correct answer is B.