Nov
04
2020
2020 Adoption Tax Credit Information
Link: https://www.irs.gov/taxtopics/tc607 Tax benefits for adoption include both a tax credit for qualified adoption expenses paid to adopt an eligible child and an exclusion from income for employer–provided adoption assistance. The non–refundable, which means it‘s limited to your tax liability for the year. However, any credit in excess of your tax liability may be carried […]
