Instructions for IRS Form 8839 Qualified Adoption Expenses

IRS Form 8839 Qualified Adoption Expenses

This document contains official instructions for IRS Form 8839 , Qualified Adoption Expenses - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8839 is available for download through this link.

FAQ

Q: What is IRS Form 8839?
A: IRS Form 8839 is used to claim qualified adoption expenses on your federal tax return.

Q: Who is eligible to file Form 8839?
A: Anyone who has incurred qualified adoption expenses in the United States and is eligible to claim the adoption tax credit can file Form 8839.

Q: What are qualified adoption expenses?
A: Qualified adoption expenses include adoption fees, court costs, attorney fees, and travel expenses related to the adoption.

Q: How much is the adoption tax credit?
A: The adoption tax credit for tax year 2021 is up to $14,440 per child.

Q: How do I fill out Form 8839?
A: You must provide your personal information, details about the adoption expenses, and calculate the adoption tax credit.

Q: Are there any income limitations for claiming the adoption tax credit?
A: Yes, there are income limitations. The adoption tax credit begins to phase out for taxpayers with modified adjusted gross income (MAGI) above $216,660 and completely phases out at a MAGI of $256,660.

Q: Can I claim the adoption tax credit for international adoptions?
A: Yes, you can claim the adoption tax credit for both domestic and international adoptions, as long as the adoption is finalized.