Jeff and Jill finalized the adoption of their 4-year-old child during the tax year. Some of the
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Jeff and Jill finalized the adoption of their 4-year-old child during the tax year. Some of the costs incurred throughout the year were $2,500 paid to the licensed California adoption agency, $1,000 in medical expenses paid before finalizing the adoption, and $500 for a visit to Disneyland to get to know the child. What amount of Adoption Tax Credit can Jeff and Jill claim on their California return?
a) $2,000
b) $2,500
c) $4,000
d) $1,750
Related Book For
South-Western Federal Taxation 2018 Comprehensive
ISBN: 9781337386005
41st Edition
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
Posted Date: