We employ a Monte Carlo radiation transfer code to investigate the multi- wavelength photopolarimetric variability arising from a spotted T Tauri star surrounded by a dusty circumstellar disk. Our aim is to assess the ability of the magnetic accretion model to explain the observed photopolarimetric variability of classical T Tauri stars, and to identify potentially useful observational diagnostics of T Tauri star/disk/spot parameters. We model a range of spot sizes, spot latitudes, inner disk truncation radii, and system inclination angles, as well as multiple disk and spot geometries. We find that the amplitude, morphology, and wavelength dependence of the photopolarimetric variability predicted by our models are generally consistent with ...