Adoption Credit

Description and Definition of Adoption Credit

An Adoption Credit is a tax credit for qualifying expenses of adopting a child under 18 or adopting a person who is physically and mentally unable to care for himself or herself. This credit effectively refunds to you the first $5,000 for expenses paid to adopt a qualifying child. The credit increases to $6,000 if you adopt a “special needs” child.

Resources

See Also

Further Reading

• Adoption Credit in the West's Tax Law Dictionary
• Adoption Credit in “A Dictionary of Taxation”