Adoption Tax Credit Archives - John R. Dundon II, Enrolled Agent
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Adoption Tax Credit Tag

The Adoption Tax Credit in 2010 was increased to $13,170 and made refundable for qualified expenses paid to adopt an eligible child by the Affordable Care Act.  Basically this means that as a parent who completed an adoption in 2010 you can get money back...

1. Dependents In most cases, a child can be claimed as a dependent in the year they were born. For more information see IRS Publication 501, Exemptions, Standard Deduction, and Filing Information. 2. Child Tax Credit You may be able to take this credit on...