Adoption Tax Credit

The Adoption Tax Credit is a financial benefit in the U.S. designed to help families cover the costs of adopting a child. It allows eligible taxpayers to claim a credit on their federal tax return for certain expenses incurred during the adoption process, such as legal fees and agency costs. The credit can reduce the amount of tax owed and may even result in a refund if the credit exceeds the tax due. This incentive supports families expanding through adoption and eases the financial burden associated with bringing a child into their home.