subject
Business, 29.07.2021 01:10 lollipop83

Carl and Jenny adopt a Korean orphan. The adoption takes 2 years and two trips to Korea and is finalized in 2019. They pay $7,000 in 2018 and $7,500 in 2019 for qualified adoption expenses. In 2019, Carl and Jenny have AGI of $150,000. a. What is the adoption credit Card and Jenny can daim in 2019?
b. How much credit could they claim if the adoption falls through and is never finalized?
c. How much credit could they claim if their AGI was $217.1607?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:50
Wren pork company uses the value basis of allocating joint costs in its production of pork products. relevant information for the current period follows: product pounds price/lb. loin chops 3,000 $ 5.00 ground 10,000 2.00 ribs 4,000 4.75 bacon 6,000 3.50 the total joint cost for the current period was $43,000. how much of this cost should wren pork allocate to loin chops?
Answers: 1
question
Business, 22.06.2019 05:50
Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)
Answers: 3
question
Business, 22.06.2019 09:00
Aminor has the legal right to repudiate
Answers: 2
question
Business, 22.06.2019 10:00
Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?
Answers: 3
You know the right answer?
Carl and Jenny adopt a Korean orphan. The adoption takes 2 years and two trips to Korea and is final...
Questions
question
Biology, 01.01.2021 04:20
question
Spanish, 01.01.2021 04:30
question
Mathematics, 01.01.2021 04:30
question
Mathematics, 01.01.2021 04:30
question
Health, 01.01.2021 04:30
question
Business, 01.01.2021 04:30
Questions on the website: 13722367