Lighthouse Thoughts

March 6, 2017

The 2017 Adoption Tax Credit

If you are completing an adoption in 2017, you may quality for the Adoption Tax Credit. The Federal Adoption Tax Credit for 2017 is $13,570 for “qualified adoption expenses.”  According to the IRS, qualified adoption expenses may include:

·  Adoption fees

·  Attorney fees

·  Court costs

·  Travel expenses

·  Expenses directly related to the adoption

For more info see: 

2017 Adoption Tax credit Announced 

http://bit.ly/2hRWFER

US Federal Adoption Tax Credit 

http://www.nacac.org/taxcredit/taxcredit.html 

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