• IRS.gov

Adoption Credit

If you pay for adoption expenses, you may be able to take a credit for qualified adoption expenses of up to $13,400 per child. If your modified adjusted gross income is $241,009 or more, you do not qualify for the credit. The credit is one of the nonrefundable personal credits and allows taxpayers to carry over any unused credits for up to five years. Returns with the adoption credit can be e-filed.

#adoption #credit

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Judging Jewel | 30 for 30 | Shorts

September 10, 2017

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