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Adoption Expenses ( LO 7 . 7 ) Carl and Jenny adopt a Korean orphan. The adoption takes two years and two trips to Korea

Adoption Expenses (LO 7.7)
Carl and Jenny adopt a Korean orphan. The adoption takes two years and two trips to Korea and is finalized in 2023. They pay $8,000 in 2022 and $8,500 in 2023 for qualified adoption expenses. In 2023, Carl and Jenny have AGI of $150,000.
If an amount is zero, enter "0".
If required, carry any division out to four decimal places and round final answers to the nearest dollar.
Question Content Area
a. What is the adoption credit Carl and Jenny can claim in 2023?
fill in the blank 1 of 1
$
Question Content Area
b. How much credit could they claim if the adoption falls through and is never finalized?
fill in the blank 1 of 1
$
Question Content Area
c. How much credit could they claim if their AGI was $251,230?
fill in the blank 1 of 1
$

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