In connection with the adoption of an eligible child who is a U.S. citizen and who is
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In connection with the adoption of an eligible child who is a U.S. citizen and who is not a child with special needs, Sean pays $4,000 of qualified adoption expenses in 2018 and $3,000 of qualified adoption expenses in 2019. The adoption is finalized in 2019. There is no phase-out of the adoption credit. What are the adoption credits for both 2018 and 2019, respectively?
a. $0; $7,000
b. $4,000; $1,000
c. $4,000; $3,000
d. $7,000; $0
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Related Book For
Income Tax Fundamentals 2020
ISBN: 9780357108239
38th Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
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