What’s Wrong With the Adoption Tax Credit?
While the original adoption tax credit was created to benefit the adoptions of special needs children, successful lobbying from adoptive parents and the adoption lobbyists have increased the credit by both the amount refunded and the range of adoptions covered.
The Adoption Tax Credit now covers expenses paid in an unsuccessful attempt to adopt an child before finalizing the adoption of another child can qualify for the credit. The Adoption Tax Credit now applies to domestic and international adoptions.