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.

Question

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According to the IRS, this statement is true. 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, for purposes of the limitation on qualifying expenses for the child and dependent care credit.

For Purposes of the Limitation on Qualifying Expenses for the Child