Evan and Barbara incurred qualified adoption expenses in 2018 of $6,000,and then incurred $9,000 more in 2019 when the adoption of their child became final.Their 2018 AGI was $110,000 and their 2019 AGI was $100,000.The allowable adoption credit is
A)$14,080 in 2019.
B)$15,000 in 2019.
C)$6,000 in 2018 and $8,080 in 2019.
D)$6,000 in 2018 and $9,000 in 2019.

Question

Quizplus · Accepted Answer

The adoption credit is claimed in the year the adoption becomes final. In 2019, they can claim the full amount of their qualified expenses, which is $15,000, but the maximum allowable credit for 2019 is $14,080.

Evan and Barbara Incurred Qualified Adoption Expenses in 2018 of $6,000,and