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Monthly Archives: November 2015

Adoption Tax Credit Announced for 2016

Wed 4 Nov, 2015 / by / Adoption

The IRS has issued Rev. Proc. 2015-53, which establishes the maximum amount of the Adoption Tax Credit under Section 23(a)(3) of the IRS Code. This will apply to all adoptions finalized in calendar year 2016. The amount is $13,460 per eligible child (an increase of only $60 from the 2015 …