What is the amount of adoption credit they can take

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Question

Abel and Loni adopted a boy (a U.S. citizen), during the current tax year and incurred a total of $14,750 in qualified adoption expenses. Abel and Loni have modified AGI of $225,250. What is the amount of adoption credit they can take?

The response paper should be in APA format, double spaced, hand-written, numbered pages, with a cover page and references.

Reference no: EM132318628

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