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Define the terms predictor variable and response variable.
Adoption Credit
A tax credit offered to adoptive parents to cover some of the costs associated with the legal adoption of a child.
Special Rules
Regulations or provisions that apply in specific situations, often modifying or exempting certain transactions or entities from the general rules of tax law.
AGI
The total income earned by an individual in a year minus specific deductions allowed by the tax code, recalculated for emphasis as foundational in the determination of taxable income.
Qualifying Children
Dependents who meet specific IRS criteria regarding relationship, age, residency, and support, impacting eligibility for certain tax benefits.
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