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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Income Tax Fundamentals 2020

ISBN: 9780357108239

38th Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill

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