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Author Question: Tyne is single and has AGI of $25,000 in 2016. During the year, she contributes $3,000 to her Roth ... (Read 27 times)

OSWALD

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Question 1

Tyler and Molly, who are married filing jointly with $210,000 of AGI in 2016, incurred the following expenses in their efforts to adopt a child:

The adoption was finalized in 2016 What is the amount of the allowable adoption credit in 2016?

Question 2

Tyne is single and has AGI of $25,000 in 2016. During the year, she contributes $3,000 to her Roth IRA. What is the amount of Tyne's qualified retirement savings contributions credit?


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Marked as best answer by OSWALD on Sep 13, 2020

briezy

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OSWALD

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it


cdmart10

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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