In late 2016, Randy and Rachel Erwin paid $7,000 in legal fees, adoption fees, and other expenses
Question:
a. Determine the amount of the Erwins' adoption tax credit in 2017.
b. Instead, assume that the Erwins' 2017 AGI is $210,000. Determine the amount of the Erwins' adoption tax credit in 2017?
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a Randy and Rachel are eligible for a 13570 credit in ...View the full answer
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Related Book For 
South Western Federal Taxation 2018 Essentials Of Taxation Individuals And Business Entities
ISBN: 9781337386173
21st Edition
Authors: William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
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