John and Joan pay $16,500 of qualified adoption expenses in 2018 to finalize the adoption of a qualified child. Their AGI is $197,000 for 2018. What is their adoption credit for 2018?

a.$13,460
b.$0
c.$13,810
d.$16,500

Option "C" is the correct answer to the following statement.

Explanation:

Tax deduction for adoptions is up to $13,810 per infant. The tax deduction for adoption is not a returnable benefit.

This is a one time credit for each child.

Eligibility for this credit:

At the point of adoption the child must be < 18

People with revenue varying from $207,140 to $247,140 that receive a part of the credit.

answer; drop shippers;

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi