Adoption Tax Credit Complicated Question

[Jfr23]

Complicated situation that we need an answer for.

We started our adoption journey in 2022. We incurred $10,800 in qualified expenses for an failed adoption. We claimed the $10,800 on our 2023 taxes (the max allowable that year was $15,950). Our income was too high to get the entire amount back. We got a reduced $7950 back instead of the entire $10,800. 

We took placement and a finalized an adoption in 2024. We spent around $20,000 in qualified expenses in 2024. 

Here are the questions. 

1. Are we able to claim a portion of our 2024 expenses since we did not reach the maximum when we filed in 2023?

2. If yes, how much can we claim? Do we use the $10,800 or the $7950? Also, would we use the 2023 max amount ($15,950) or  the 2024 max ($16,810)?

[KeshaH]

You can you use up to the maximum credit for the 2024 adoption. The limit is per child. 

For the 2024 credit, you can claim up to the full $16,810 credit assuming there are no other limitations.