
The adoption tax credit: How to qualify for up to $17,280 off your tax bill
The adoption tax credit can go a long way to reducing the costs of adopting a child. While it’s not refundable, you can carry it forward to future tax returns.
Amy Hoak is Bankrate contributor and a freelance writer in the Chicago area. Her work has appeared in a variety of online publications, magazines, newspapers and wire services, including MarketWatch, The Wall Street Journal, Reuters and Rotary Magazine. She began writing about business and personal finance while working as a newspaper reporter more than 20 years ago, and enjoys covering stories that help people manage their money. Amy also works as a grant writer, specializing in helping nonprofits and artists obtain funding for their projects.
The adoption tax credit can go a long way to reducing the costs of adopting a child. While it’s not refundable, you can carry it forward to future tax returns.
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