The IRS has released their newly expanded Adoption Credit information for the coming tax season.  The available credit has been increased t0 $13,170 per child from the previous amount of $12,150.  The credit has also been made “refundable”, so similar to the Earned Income Credit, it will be available whether or not a taxpayer has tax liability.Form 8839 should be completed for all taxpayers wanting to qualify for this credit.  Click here to view a draft version of the 2010 form 8839.

Joseph Rogers

Recent Posts

Why was my 2026 tax refund so low?

Big tax law changes rolled through in 2025 that impacted many taxpayers in either positive…

1 week ago

2026 Tax Deadline Tomorrow- Best Practices & Extended Support

Federal tax returns, timely filing deadline is this Wednesday, April 15th, 2026.  Tax returns needing additional time can e-file…

1 week ago

Biggest 2025 Tax Refund Day of 2026!

IRS has announced that they will begin funding Path Act-delayed returns with refunds containing refundable…

2 months ago

Is Owning a Tax Franchise Worth it?

As tax season approaches, and tax adverts begin flooding the radio and tv, you may…

4 months ago

Why is Tax Software So Expensive?

Professional tax software costs range from lower cost, a few hundred dollars, to very high…

5 months ago

When Will Tax Season Start in 2026?

Tax season for tax filing year 2025 is rumored to be starting late this year,…

6 months ago

This website uses cookies.