What is the maximum Adoption Credit per eligible child?

The maximum Adoption Credit per eligible child is up to $13,360 for the 2023 tax year. This credit is designed to help offset the costs associated with adopting a child, including adoption fees, court costs, and other expenses directly related to the legal adoption process.

The Adoption Credit is non-refundable, which means it can reduce tax liability to zero but not result in a tax refund. Additionally, this amount can vary from year to year due to inflation adjustments, but for the year in question, the established maximum is $13,360. This information aligns with IRS guidelines and is intended to provide financial assistance to adoptive parents, making the adoption process more accessible.