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Ca eBook Problem 12-32 (LO. 4) list of a local adoption agency for several years seeking to adopt a child. Finally, in 2017, good news
Ca eBook Problem 12-32 (LO. 4) list of a local adoption agency for several years seeking to adopt a child. Finally, in 2017, good news comes their Ann and Bill were on the y and an adoption seems imminent. They pay qualified adoption expenses of s5,000 in 2017 and $11,000 in 2018. The adoption becomes final in 2018. Ann and Bill always file a joint income tax return t of the adoption expenses credit available to Ann and Bill if their combined annual income is $120,000 In which yearts) will they benefit from the credit? 2018 V b. If Ann and Bills modified AGI in 2017 and 2018 is $220,000, calculate the amount of the adoption expenses credit In your computations, do not round any division. Round your final answer to the nearest dollar The credit is Y Check My Work Incorrect 8:26 5/12
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