Qualified Expense when Adopting – The Burns Firm – Advisors of Complex Financial Matters

Adopting a Child? Bring Home a Tax Break Too

November 22nd, 2022|Categories: Accountant, Accounting, Adoption, Burns Firm, Child Tax Credit, CPA, CPA Dallas, CPA75248, CPADallas, Dallas CPA, Kiddie Tax, Tax, Tax Advisor, Tax Deductions, Tax Preparation, The Burns Firm|Tags: Adopt a Child, Adoption, CPA Dallas, Qualified Expense when Adopting, Tax Break when you adopt, tax breaks, The Burns Firm|

Two tax benefits are available to offset the expenses of adopting a child. In 2022, adoptive parents may be able to claim a credit against their federal tax for [...]