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Adoption Tax Credit

Related Terms • Tax Exclusions

Definition: Non-refundable credit which reduces taxes owed by adoptive parents who claim adoption expense reimbursement under P.L. 104-188; may be claimed on Federal taxes (and in some States with similar legislation, on State taxes).

Related Resources:

Tax Benefits
There are many tax benefits available to adopting and adoptive parents. Learn what they are how to take advantage of them.

Elsewhere on the Web:

Instructions and Forms from the IRS

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Source/Adapted from: National Adoption Information Clearinghouse

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