How to Complete IRS Form 8839 for Foster
Description
Form 8839, Qualified Adoption Expenses, is a tax form that taxpayers can use to claim a credit for adoption expenses. The credit can be claimed by individuals who have adopted a child or who have attempted to adopt a child. The credit is non-refundable, which means that it can reduce the amount of taxes owed but cannot be used to generate a refund. The credit is also subject to income limits, which means that taxpayers with higher incomes may not be eligible for the full credit.Web page: