Question: Chegg- Please help. The answer is NOT $7,637. I cannot figure this out. Thank you! Niles and Marsha adopted an infant boy (a U.S. citizen).

Chegg- Please help. The answer is NOT $7,637. I cannot figure this out. Thank you!

Niles and Marsha adopted an infant boy (a U.S. citizen). They paid $15,500 in 2018 for adoption-related expenses. The adoption was finalized in early 2019. Marsha received $3,200 of employer-provided adoption benefits. For question (a), assume that any adoption credit is not limited by modified AGI or by the amount of tax liability.

Required:

Using the information in question (a), assume that their modified AGI was $227,000 in 2019. What amount of adoption credit is allowed in 2019? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.)

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