The amount of expenditures eligible for the child and dependent care credit is the least of three amounts. Which of the following is not one of those amounts?

Question

Quizplus · Accepted Answer

The dependent's earned income for the year is not one of the three amounts used to determine the maximum child and dependent care credit. The three amounts are: 1) $3,000 for one qualifying person or $6,000 for two or more qualifying persons, 2) the taxpayer's earned income for the year, and 3) the total amount of child and dependent care expenditures for the year.

The Amount of Expenditures Eligible for the Child and Dependent