Adoption Credit

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Iowa Adoption Credit and Special-Needs Adoptions

By | June 22nd, 2015|Categories: State Taxes|Tags: , , |

The Iowa Adoption Credit is available for Iowans who adopt children. But the rules for how big the deduction is are different from the federal rules.

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Iowa Adoption Credit and Deduction

By | April 1st, 2015|Categories: State Taxes|Tags: , , |

Iowa now offers an adoption credit on 2014 tax returns. How does it work?

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Prior-Year Adoption Credits and Same-Sex Marriage

By | June 9th, 2014|Categories: Potpourri of Tax Topics, Same-Sex Marriage and Taxes|Tags: , , |

Scenario: Angie and Alice are in a same-sex marriage. In 2012, Alice went through the adoption process to become the parent of Angie's child. Because of the Defense of Marriage Act, Alice properly filed her 2012 tax return as a single person ... and claimed the adoption credit for adopting Angie's child. Questions: After the repeal [...]

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The Adoption Credit for 2012, 2013 and Beyond

By | April 20th, 2012|Categories: Potpourri of Tax Topics|Tags: |

What's happening with the adoption credit? Here's an overview: For 2010 and 2011, the credit was fully refundable. For 2012, the credit is no longer fully refundable, and the maximum credit decreases from $13,360 in 2011 to $12,650 in 2012. If no further legislation happens, the adoption credit will drop to $5,000 (or $6,000 for a [...]

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Adoption Credit Issues of Same-Sex Married Couples

By | December 19th, 2011|Categories: Same-Sex Marriage and Taxes|Tags: , |

The New York Times ran an article last week about the IRS denying adoption credit claims of some same-sex married couples. Professor Pat Cain at Santa Clara Law School in California also published a blog post about this back in August. Links to both stories are provided at the end of this article. One of the [...]

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