What Is the Adoption Tax Credit?

The Adoption Tax Credit helps offset the costs of adopting a child. For 2024, the maximum credit is around $15,950 per eligible child. Qualifying expenses include adoption fees, attorney costs, and court costs. The credit is non-refundable for domestic adoptions, and the timing of when you can claim it depends on whether the adoption is domestic or international. Income limits apply and phase out at higher incomes.