If a taxpayer does not have enough tax liability to use all the available adoption credit, the

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If a taxpayer does not have enough tax liability to use all the available adoption credit, the unused portion may be carried forward for how many years?

a. Two
b. Three
c. Five
d. There is no carryforward; for 2016, the credit is not refundable

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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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Question Posted: Aug 26, 2023 06:11 AM

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If a taxpayer does not have enough tax liability to use all the available adoption credit, the

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c Five If a taxpayer does not have enough tax liability to use all the available adoption ...View the full answer

Income Tax Fundamentals 2017

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