Evan and Barbara incurred qualified adoption expenses in 2013 of $6,000,and then incurred $7,500 more in 2014 when the adoption of their child became final.Their 2013 AGI was $110,000 and their 2014 AGI was $100,000.The allowable adoption credit is
A)$13,190 in 2014.
B)$13,500 in 2014.
C)$6,000 in 2013 and $7,190 in 2014.
D)$6,000 in 2013 and $7,500 in 2014.

Question

Quizplus · Accepted Answer

The maximum adoption credit for 2014 is $13,190. Since their total expenses ($13,500) exceed this limit, they can claim the maximum credit of $13,190 in 2014.

Evan and Barbara Incurred Qualified Adoption Expenses in 2013 of $6,000,and