Evan and Barbara incurred qualified adoption expenses in 2016 of $6,000,and then incurred $9,000 more in 2017 when the adoption of their child became final.Their 2016 AGI was $110,000 and their 2017 AGI was $100,000.The allowable adoption credit is
A)$13,570 in 2017.
B)$15,000 in 2017.
C)$6,000 in 2016 and $7,570 in 2017.
D)$6,000 in 2016 and $9,000 in 2017.

Question

Quizplus · Accepted Answer

A)Nothing is creditable in 2016 because the adoption is not final.In 2017,$6,000 + $9,000 = $15,000 is creditable but limited to the maximum credit of $13,570.

Evan and Barbara Incurred Qualified Adoption Expenses in 2016 of $6,000,and