How To Adopt A Child When You Are Single

h&r block presents: tax tips if you’re adoptingfirst of all, congratulations on your big decision. let’s talk taxes. tip one. be sure you’re eligible for the credit.

How To Adopt A Child When You Are Single, here’s the basic rule for eligibility: anychild who is under the age of 18 or physically or mentally needs the help of a guardian. simple, but important. tip two.

keep track of adoption expenses. qualified expenses include adoption fees,court costs, attorney fees, and travel costs. tip three. keep track of expenses after adoption. you may still be able to claim expenses incurredafter the adoption is finalized. but you have to do it the same year you adopt. tip four. keep track of your child’s medical expenses. these can also include expenses paid beforethe adoption is finalized.

nothing is more important than the healthof your child. tip five. talk to block. there’s so much more to explain about taxesand adoption than we can share here. if you’d like to talk, we’re here to help. you can visit us online or in person. we’ll use every single advantage in thetax code to get you every single dollar you and your child deserve. and from all of us at block, our best wisheson your new journey together.