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
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th Edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller
Question Posted: