Adopted child may qualify for dependency deduction, other tax benefits

Your legally adopted child will qualify as your dependent if the other dependency tests are met, e.g., you provide more than half of the child's support.

Even if the adoption isn't yet final, the child will be your dependent is if he or she was placed with you for legal adoption by an authorized placement agency and was a member of your household for at least part of the year. Special requirements apply to adoptions of foreign children who aren't U.S. citizens or residents.

Once the child is your dependent, you will qualify for the dependency deduction and for other tax benefits, such as the child tax credit.

Your CPA can help you to make sure that you get the full benefit of the substantial tax savings available to adoptive parents. Please call your CPA for tax advice if you have any questions.

Additional information