Evan and Barbara incurred qualified adoption expenses in 2015 of $6,000,and then incurred $9,000 more in 2016 when the adoption of their child became final.Their 2015 AGI was $110,000 and their 2016 AGI was $100,000.The allowable adoption credit is
A)$13,460 in 2016.
B)$15,000 in 2016.
C)$6,000 in 2015 and $7,460 in 2016.
D)$6,000 in 2015 and $9,000 in 2016.

Question

Quizplus · Accepted Answer

The adoption credit is claimed in the year the adoption becomes final. In 2016, they can claim the full $13,460 credit, which is the maximum allowable credit for that year.

Evan and Barbara Incurred Qualified Adoption Expenses in 2015 of $6,000,and