Yes, if it is a domestic adoption, see below. Usually, the credit is permitted whether the adoption is domestic or foreign. However, the timing rules for claiming the credit for qualified adoption expenses are different, depending on the kind of adoption.
- A domestic adoption is the adoption of a US child (an eligible child who is a citizen or resident of the US or its possessions before the adoption begins). Qualified adoption expenses paid before the year the adoption becomes final are permitted as a credit for the tax year following the year of payment (even if the adoption isn't finalized and even if an eligible child was never identified).
- A foreign adoption is the adoption of an eligible child who isn't yet a citizen or resident of the US or its possessions before the adoption effort begins. Qualified adoption expenses paid before and during the year are permitted as a credit for the year when it becomes final.
- You may receive less than the full amount if some of your adoption expenses are covered by an employer plan or your modified adjusted gross income (MAGI) is over $252,150 (and is phased out at $292,150) for 2024.
More information on claiming the Adoption Credit in 2024.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
