If a taxpayer does not have enough tax liability to use all the available adoption credit, the unused portion may be carried forward for how many years? a. Two b. Three c. Five d. There is no carryforward

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
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Chapter7: Deductions And Losses: Certain Business Expenses And Losses
Section: Chapter Questions
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If a taxpayer does not have enough tax liability to use all the available adoption credit, the unused portion may be carried forward for how many years?

a. Two

b. Three

c. Five

d. There is no carryforward

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