Adoption Tax Credit For 2020
The IRS published the Adoption Tax Credit figures and adjustments for 2020. The new maximum dollar amount allowed for the tax credit tax in 2020 is $14,300 per child (it was $14,080 in 2019). The Adoption Tax Credit begins to phase out for those families whose modified adjusted gross income exceeds $214,520, and phases out completely for families with modified adjusted gross… Read More
