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Class

Adoption Tax Credit


Description

The Adoption Tax Credit (ATC) is one way the U.S. government promotes and supports adoption. Though this credit provides a very valuable benefit to adoptive families, it is also among one of the most complicated tax law provisions. This class has been updated for the 2025 tax year.


The Adoption Tax Credit class will help adoptive families:

  • Determine their eligibility for the Adoption Tax Credit
  • See how the Adoption Tax Credit works with different types of adoptions and financial situations
  • Create a system for tracking and documenting expenses
  • Prepare for year-end tax planning and work with a tax professional. See "Meeting Checklist" under "Files" below to download.

Credit Hours: 1.0

Content
  • Introduction
  • Navigating Through the Class
  • Welcome
  • Objectives
  • What This Course Covers
  • Tax Credit
  • Partially Refundable
  • Key Concepts
  • Introduction
  • Income Level
  • MAGI
  • General Tax Advantages Available To Families With Children
  • Type of Adoption
  • Type of Adoption: Domestic
  • Type of Adoption: Special Needs
  • Type of Adoption: International
  • Qualifying Adoption Expenses
  • Qualifying Adoption Expenses: Domestic
  • Qualifying Adoption Expenses: International
  • Non-Qualifying Expenses
  • Employer Adoption Benefits
  • Tax Identification Numbers
  • Tax Identification Number: Domestic Adoption
  • Tax Identification Number: International Adoption
  • Lesson Summary
  • Case Studies
  • Introduction
  • Domestic Adoption Case Study
  • Domestic Adoption Case Study - Summary
  • Special Needs Adoption Case Study
  • Special Needs Adoption Case Study: Summary
  • International Adoption Case Study
  • International Adoption Case Study - Summary
  • Lesson Summary
  • Expense Tracking
  • Introduction
  • What Expenses Should You Track?
  • What Expenses Aren't Acceptable?
  • Issues To Consider
  • Creating a Tracking System
  • Using Home Accounting Software
  • Lesson Summary
  • Tax Experts
  • Introduction
  • Finding a Tax Advisor
  • Questions to Ask and Information to Provide
  • Lesson Summary
  • Conclusion
  • Parting Thoughts
  • Post Test
  • Acknowledgements
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever
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