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Sam and Mary adopted a child in 2020. Their AGI was $48,000, and they incurred qualified adoption expenses of $6700. What is their allowable adoption
Sam and Mary adopted a child in 2020. Their AGI was $48,000, and they incurred qualified adoption expenses of $6700. What is their allowable adoption credit for the current year?
A 3350
B 14300
C 5000
D 6700
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