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Niles and Marsha adopted an infant boy (a U.S. citizen). They paid $18,255 in 2022...

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Accounting

Niles and Marsha adopted an infant boy (a U.S. citizen). They paid $18,255 in 2022 for adoption-related expenses. The adoption was finalized in early 2023. Marsha received $3,230 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 $258,000 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.

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