Lydia and Rebeka adopted a child. The adoption became final on December 1, 2022. Their adoption expenses
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Lydia and Rebeka adopted a child. The adoption became final on December 1, 2022. Their adoption expenses included $5,500 in attorney fees, $2,330 in court costs, and $1,500 in traveling expenses. The child is a U.S. citizen and is not a special needs child. They did not receive any reimbursement from their employer for adopting the child. Their modified adjusted gross income is $180,000.
Assuming all requirements are met, what is the amount they can claim for the Adoption Credit ?
Related Book For
Pearsons Federal Taxation 2023 Comprehensive
ISBN: 9780137840656
36th Edition
Authors: Timothy J. Rupert, Kenneth E. Anderson, David S Hulse
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