Qualifying for the Adoption Credit Webinar

Summary

Taxpayers looking to expand their families through adoption may be eligible for a nonrefundable tax credit for qualified costs they paid. The credit is available for domestic, foreign and special needs adoptions. However, the catch is the timing of when the credit is available for each type of adoption. During this webinar, we’ll discuss what expenses qualify for the credit; the requirements and timing of when the credit is allowed for a domestic, foreign or special needs adoption; and calculate the credit using Form 8839, Qualified Adoption Expenses.

Objectives

Upon completion of this course, you will be able to:

• Summarize the requirements for domestic, foreign and special needs adoptions
• Identify eligible expenses
• Calculate the credit by preparing Form 8839

Course Details

Subject matter experts will answer your questions during the presentation. We make every effort to answer as many questions as possible during the webinar but we may not be able to directly address every question.

This webinar includes the presentation slides, attendee top questions and access to the webinar recording.