You claim the credit in the year of finalization (or prior to finalization of domestic adoption with qualified adoption expenses).
Now You Can Have Information On Adoption Credit.
- You then use the credit that year and carry forward what’s remaining to later years until it is all used up or a total of six years have passed.
- The one exception is if you have expenses for a non-finalized US adoption, you claim those the year after you had the expenses.
- Then if you finalize the next year and have not already reached the maximum allowed, you can claim the remainder of the credit in that subsequent year.
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