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What is their allowable adoption credit for the current year

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Reference no: EM132771300

Question - Sam and Mary adopted a child in 2020. Their AGI was $48,000, and they incurred qualified adoption expenses of $6700. What is their allowable adoption credit for the current year?

A. 3350

B. 14300

C. 5000

D. 6700

Reference no: EM132771300

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