Adoption Tax Credit

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Adoption Tax Credit. Your income tax liability is the amount you. A nonrefundable tax credit is available for qualified adoption expenses paid to adopt an eligible child.

Topic No 607 Adoption Credit And Adoption Assistance Programs Internal Revenue Service Internal Revenue Service Adoption Revenue
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Spouses may split these expenses but they cannot claim a combined total of more than the annual limit. Adoption Tax Credit 2020. The credit is reduced for certain taxpayers with modified adjusted gross income MAGI over 210000.

If you adopted multiple children you are eligible to make the claim for each child.

A nonrefundable tax credit is available for qualified adoption expenses paid to adopt an eligible child. To claim the adoption tax credit tax filers need to enter their eligible adoption expenses on line 313 of Schedule 1 of the general income tax and benefit form. The credit is claimed one time for each child. You can request 100 or a dollar-for-dollar tax credit of the amount of qualified adoption expenses you incur during a domestic or international adoption.