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Mark and Shirley, married filing jointly with a modified adjusted gross income (MAGI) of $142,300, adopted their son Matthew in 2023. They paid $16,025 in

Mark and Shirley, married filing jointly with a modified adjusted gross income (MAGI) of $142,300, adopted their son Matthew in 2023. They paid $16,025 in adoption expenses. What is their maximum Adoption Credit for 2023?

$14,000

$14,890

$15,950

$16,025

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