EMPLOYER ADOPTION BENEFITS
Contact Human Resources to assess any employee adoption benefits you may be eligible for.
ADOPTION TAX CREDIT
Anyone who adopts a child may be eligible for an adoption tax credit. In 2024, an eligible taxpayer’s maximum adoption tax credit was up to $16,810 for each eligible child. The adoption tax credit maximum amount per child changes from year to year.
Remind your accountant or tax preparer of the adoption tax credit.
The Internal Revenue Service (IRS) publishes Topic No. 607, Adoption Credit and Adoption Assistance Programs, which addresses qualified adoption expenses, the tax year in which a claim may be made, filing status, tax forms to utilize, and other related topics.
It may be found at the following website: www.irs.gov/taxtopics/tc607.html
The IRS tax form 8839 and the instructions for completing such may be found at the following website: www.irs.gov/forms-pubs/about-form-8839