Adoption Tax Credit Refundability Act of 2025
- Last Action
- 4/10/2025
Actions
- 2025-04-10Referred to the House Committee on Ways and Means.
- 2025-04-10Introduced in House
- 2025-04-10Introduced in House
CRS Summary
As of 2025-04-10 (00)
Adoption Tax Credit Refundability Act of 2025
This bill makes the federal adoption tax credit refundable. The bill also requires the Internal Revenue Service to provide for a standardized third-party affidavit for purposes of verifying a legal adoption.
As background, individuals may claim a tax credit for qualified expenses to adopt a child. The maximum amount of the tax credit is $17,280 per child for 2025, which is adjusted annually for inflation. Income limitations apply. Under current law, the adoption tax credit is not refundable but may be carried forward for up to five subsequent tax years to reduce taxable income in those years.
Cosponsors (12)
- Blake Moore (R-UT)
- Gwen Moore (D-WI)
- Randy Feenstra (R-IA)
- Don Bacon (R-NE)
- Sydney Kamlager-Dove (D-CA)
- Robert Aderholt (R-AL)
- Donald Beyer (D-VA)
- Brian Fitzpatrick (R-PA)
- Eleanor Norton (D-DC)
- Angie Craig (D-MN)
- Pete Stauber (R-MN)
- Mark Pocan (D-WI)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.