Vol. 14, No. 2 • May 2010

Good 2010 Tax News for Adoptive Families

The federal health care bill (Pub.L. 111-152) signed into law in March
2010 included favorable changes to the Adoption Tax Credit. According to the Joint Council for International Children’s Services, the changes were as follows:

• The maximum credit was increased from $12,150 to $13,170.
• The credit is extended through December 2011.
• The credit was made refundable. If a family has no tax liability, the IRS will refund the amount due.
• The Adoption Tax Credit is mentioned on page 903 of the 906 page bill.

Copyright � 2010 Jordan Institute for Families