John and Joan pay $16,500 of qualified adoption expenses in 2016 to finalize the adoption of a
Question:
John and Joan pay $16,500 of qualified adoption expenses in 2016 to finalize the adoption of a qualified child. Their AGI is $197,000 for 2016. What is their adoption credit for 2016?
a. $0
b. $1,650
c. $13,400
d. $13,460
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To calculate the adoption credit for John and Joan for 2016 we need t...View the full answer
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Related Book For
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th Edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller
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