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 a form used to claim qualified adoption expenses on your tax return.

Q: What are qualified adoption expenses?
A: Qualified adoption expenses are reasonable and necessary expenses directly related to the adoption of an eligible child.

Q: Who can claim qualified adoption expenses?
A: The adoptive parents who paid the qualified adoption expenses can claim them.

Q: What information is required for Form 8839?
A: You will need to provide information about your adoption expenses, including the child's identifying information, any adoption agency involved, and the amount spent.

Q: Is there an income limit to claim qualified adoption expenses?
A: No, there is no income limit to claim qualified adoption expenses.

Q: Are there any limitations on the amount of adoption expenses that can be claimed?
A: Yes, there is a limit on the amount of adoption expenses that can be claimed. For 2021, the maximum credit is $14,440 per child.

Q: Can the adoption credit be carried forward or back?
A: Yes, any unused adoption credit can be carried forward for up to 5 years or carried back for 1 year.

Q: What supporting documents should be attached with Form 8839?
A: You should attach documents such as adoption agency statements, legal agreements, and receipts for your adoption expenses.