Definition of «adoption tax»

The phrase "adoption tax" refers to a type of financial benefit or credit that some governments offer to individuals or families who legally adopt children. It helps reduce the amount of taxes they need to pay.

Sentences with «adoption tax»

  • There is a federal adoption tax credit, employee adoption benefits, grants, adoption loans and home equity loans available for people needing assistance with financing an adoption. (adoptionassistance.com)
  • Also, there's a $ 13,000 adoption tax credit right now, so that helps with the overall cost, too. (theletteredcottage.net)
  • The Federal Adoption Tax Credit for 2017 is $ 13,570 for «qualified adoption expenses.» (beaconhouseadoption.com)
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