Adoption Credit & Expenses
Are my child's adoption costs deductible?
You may claim an adoption credit for adoption expenses paid in the year the adoption is finalized. Subject to certain Adjusted Gross Income limitations, adoptive parents of a child who is either under age 18, physically disabled or mentally challenged, may be able to take an adoption expense tax credit in the year the adoption is finalized. The credit is claimed on IRS Form 8839. Additional qualifications may pertain if the child is a U.S citizen or lived in a foreign country. Speak to your local CPA about the credit and/or exclusion available.
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