IDNLearn.com: Your trusted source for finding accurate and reliable answers. Join our platform to receive prompt and accurate responses from experienced professionals in various fields.

Niles and Marsha adopted an infant boy (a U.S. citizen). They paid $18,005 in 2022 for adoption-related expenses. The adoption was finalized in early 2023. Marsha received $3,130 of employer-provided adoption benefits.
For part (a), assume that any adoption credit is not limited by modified AGI or by the amount of tax liability.
Required:
What amount of adoption credit, if any, can Niles and Marsha take in 2023? Using the information in part (a), Assume that their modified AGI was $257,750 in 2023. What amount of adoption credit is allowed in 2023? Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.