Jackson Hewitt can help you determine whether or not you are eligible for certain tax credits. Our ProFiler® system, used at all Jackson Hewitt offices can identify potential credits you may be entitled to and our new offering, Jackson Hewitt Online utilizes your job title to determine available tax credits. Get all the credits you deserve now.
The Credit for Qualified Adoption Expenses, or the Adoption Credit,
is a nonrefundable credit based on the amount of qualified adoption expenses
you paid to adopt a child. Each dollar spent on adoption, up to $12,970, is
included in the credit. If you claim a special needs child, you may claim the
full credit regardless of your expenses. This credit is available for each
child you adopt as long as the child is not your spouse's child or a child from
a surrogate mother. The credit is nonrefundable so you can only zero out your
income tax liability with it. Any remaining credit may be carried over for up
to five years.