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1 a) A tax credit is a dollar for dollar reduction in actual tax owed. True/False 1 b) All of the following are qualified adoption
1 a) A tax credit is a dollar for dollar reduction in actual tax owed.
True/False
1 b) All of the following are qualified adoption expenses, except
a-Attorney fees related to the adoption.
b-Legal fees related to the adoption
c-Court Costs related to the adoption
d-Costs associated with adopting a child of the taxpayers spouse
1 c) If a taxpayer participates in a dependent care assistance program through their employer those expenses can also be used for the dependent care credit.
True/False
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