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Assume this is being done in 2021 James and William decided last year that adoption would be the best choice for them. They adopted a
Assume this is being done in 2021 James and William decided last year that adoption would be the best choice for them. They adopted a 3-year-old son this year. They paid $18,000 in qualifying adoption expense for the current year. Their MAGI is $175,000, and their tax due before any qualified adoption credit is $8,000. What is their available adoption credit for the current year
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