• Home
• About
• Contact
• Schedule Appointment
• Frequently Asked Questions
• Tax News
• Tax Refund Information (Federal and State)
• What is an Enrolled Agent?
• Tax Information for Florida Residents and Businesses
• Driving Directions to Office
• Privacy
• Disclaimer
• Site
• Services
• Tax Preparation
• Bookkeeping
• Payroll Processing
• Business Formation
• Clients
• Tax Worksheets
• Login to Secure Client Portal
• Report Change of Address
• Payroll Center for Employers

2024 Adoption Credit Maximum Amount

The maximum 2024 adoption credit allowed for qualifying adoption expenses is $16,810 per child. If you adopt a special needs child, you can claim the FULL $16,810 regardless of the amount of actual qualifying adoption expenses.

The adoption credit begins to phase-out when modified adjusted gross income (MAGI) exceeds $252,150. The adoption credit is completely phased out when MAGI reaches $292,150.

NOTE: The adoption credit is nonrefundable which means it cannot reduce your tax liability below zero. Any unused adoption credit can be carried forward for up to five tax years.