Evan and Barbara incurred qualified adoption expenses in 2012 of $6,000,and then incurred $7,500 more in 2013 when the adoption of their child became final.Their 2012 AGI was $110,000 and their 2013 AGI was $100,000.The allowable adoption credit is
A) $12,970 in 2013.
B) $13,500 in 2013.
C) $6,000 in 2012 and $6,970 in 2013.
D) $6,000 in 2012 and $7,500 in 2013.
Correct Answer:
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