The representative Warren Davidson, Republican of Ohio, evaluates the tariff policies of President Donald Trump and shares his opinion on the current battle of the administration with federal judges in ‘The final result’.
A bipartisan Group of legislators It is pressing to make the tax credit for adoption be reimbursable, which could allow more families to obtain credit even if it is more than their “fiscal burden.”
The “Law on Fiscal Adoption Refund” was Introduced by Republicans and the Democrats in the Chamber and the Senate, and a similar legislation has been introduced in previous years.
Current Tax Law It allows the “qualified expenses” for adoption to be claimed by family taxes up to $ 16,810. However, a family cannot recover anything from that money if you are paying more than that amount in federal taxes.
The word “taxes” is recorded at the headquarters of the Internal Revenue Service in Washington, DC (Reuters/Andrew Kelly)
It was only reimbursable in 2010 and 2011, according to Rising families. If approved, families would be eligible for 2025.
“Adoption creates the opportunity to make complete families, but costs can put it out of reach of too many Arizonans,” Sen. Mark KellyD-Ariz., He said in a statement. “Making this fiscal credit refund means that more families can afford and give a child a safe and loving home.”
Republicans press to block Trump Tax cuts 2017
A signal for the internal tax service outside its building on February 13, 2025 in Washington, DC (Kayla Bartkowski / Getty images / getty images)
“Adoption is a real joy for families, but it is not a significant financial cost,” said Senator Kevin Cramer, RN.D.
“Our bill will make the credit reimbursable to help all adopted families to access the total amount of the tax credit, regardless of their fiscal burden. The support for adoptive families is essential to ensure that more children find the stable and loving home they deserve,” the legislator continued.
In 2024, the credit was available for families that earned $ 252,150, but those who earned up to $ 292,150 received a smaller loan, according to the Internal Income Service.
Trump suggests that tariffs could replace income tax
A bipartisan group of legislators is pressing so that the tax credit is reimbursable. (Istock / Istock)
The IRS said that adoption expenses include rates for adoption itself, legal costs and travel costs, for example. However, people who have adopted their spouse’s son or used a substitute do not qualify, according to the agency. Credit also works for adoptive children that originated outside the United States.
The deadline for submission of federal taxes was Tuesday, and the conversations continue to turn in Capitol Hill about the impulse to make the 2017 tax and job cuts law Permanent, as the changes are discussed.
