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adoption is a beautiful thing but the process itself can be long difficult and expensive tax breaks for parents go a long way to help with the expenses and there's even a credit specifically for tax payers who are going through the adoption process it's called the adoption credit and here's how it works the adoption credit is a non refundable tax credit that means it can't give you a refund by itself but it does take a good chunk off the top of your tax liability so much in fact that you probably won't even be able to use up all the credit in one year there's good news though you can roll over what you don't use for five years the adoption credit has a maximum value cap if your adoption costs are less than the maximum what you actually paid is your maximum credit the total is not just for one year's expenses but your total for the adoption which can span years the credit offsets qualified adoption expenses such as court costs attorney fees traveling expenses and other related expenses the qualifying adopt team must be a child under the age of eighteen or someone who is physically or mentally unable to take care for themselves if you're adopting a u.s. citizen a resident you must wait one year before claiming the credit for qualifying expenses starting the adoption process this year means you claim any qualified expenses on next year's return if you're adopting a child who is not a US citizen or resident you must wait until the adoption is final before claiming the credit the total value for the credit begins dropping when your modified adjusted gross income reaches a certain amount so be sure to check out 1040 coms tax guide for more of this year special [Music] you