Niles and Marsha adopted an infant boy a US citizen They paid $ in for adoptionrelated expenses. The adoption was finalized in early Marsha received $ of employerprovided adoption benefits. For part a assume that any adoption credit is not limited by modified AGI or by the amount of tax liability.
Required:
What amount of adoption credit, if any, can Niles and Marsha take in
Using the information in part a assume that their modified AGI was $ in What amount of adoption credit is allowed in Problem LO
Niles and Marsha adopted an infant boy a US citizen They paid $ in for adoptionrelated expenses. The adoption was
finalized in early Marsha received $ of employerprovided adoption benefits. For part a assume that any adoption credit
is not limited by modified AGI or by the amount of tax liability.
Required:
a What amount of adoption credit, if any, can Niles and Marsha take in
b Using the information in part a assume that their modified AGI was $ in What amount of adoption credit is allowed
in
Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.