Stan would like to claim his grandson, Spencer, as his qualifying child so he can claim the Earned Income Credit (EIC). However, Spencer's mother,Alma, is also eligible to claim Spencer as her qualifying child for EIC purposes. As Stan's tax preparer, what information would you share with Stan?There is only one right answer.

Alma holds a higher right and may claim the EIC based on Spencer, Because Alma is Spencer's parent.

As long as Stan files before Alma, he may claim EIC based on Spencer, his qualifying child.

Stan and Alma may agree to each claim one-half of the EIC based on Spencer, their qualifying child.

Stan may claimEIC based on Spencer if his adjusted gross income is higher than Alma's.