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29) Debbie files as head of household and has AGI of $36,500. During the year, she contributed S1,000 to a 401(k). What amount of retirement

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29) Debbie files as head of household and has AGI of $36,500. During the year, she contributed S1,000 to a 401(k). What amount of retirement savings contributions credit can Debbie take? A) $0. B) $100. C) $200. D) $1,000. 30) Which of the account contributions qualify for the retirement savings contributions credit? A) IRA. B) 401(k). C) SEP D) All of these qualify. 31) After years of working with the orphanage and the government, Walt and Kim adopted a little girl from China. The adoption process, which became final in January 2017, incurred the following qualified adoption expenses. What amount of adoption credit can Walt and Kim claim and in what year? Assume there is no credit limitation due to their AGI amount. 2016 2017 s 12,500 2,800 A) $15,300 in 2017 B) $15,300 in 2016. C) $12,500 in 2016 and $2,800 in 2017. D) $13,570 in 2017. 32) Jesus and Mindy have modified AGI of $210,000, adopted a girl from Miami, Florida, and incurred a total of $18,000 in qualified adoption expenses. What is the amount of adoption credit they can claim in the current year? (Do not round interim calculations) A) $2,719. B) $11,378. C) $13,460. D) $18,000 33) Angelina is single and has modified AGI of $275,000. She adopted a boy from San Antonio, Texas, and incurred a total of $16,000 in qualified adoption expenses. What is the amount of adoption credit she can take? A)$0. B) $6,805. C) $13,460

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