Adoption Tax Credit: Recognizing Tribal Governments for Special Needs Children.
This law expands the federal adoption tax credit by granting Indian tribal governments the same authority as state governments to designate adopted children as having special needs. This change ensures that families adopting children certified by tribal authorities qualify for the maximum tax credit amount. The goal is to provide financial parity and support for adoptions facilitated by tribal governments.
Key points
Indian tribal governments are now recognized alongside state governments for determining if an adopted child has special needs for tax purposes.
Families adopting children designated as special needs by tribal authorities qualify for the maximum federal adoption tax credit.
The changes apply to tax years beginning after the law is enacted.
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