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Tax Tips 1:00 Audio disclaimer

From the archive: tax rules, deadlines, and show schedules reflect the original recording and may have changed.

Dr. Friday Tax Tips - One Minute Moment

Adoption Tax Credit

0:00 01:00

Dr. Friday 0:00
Good day. I’m Dr. Friday president of Dr. Friday Tax and Financial Firm. To get more info go to www.DrFriday.com. This is a one-minute moment.

Dr. Friday 0:12
Adoption tax credit. For those who adopt a child, you can receive a credit of up to $14,440 that is qualified adoption expenses are required for the year of 2021. Or if you adopt a child with special needs, again $14,440 is what you can adopt. And, the perfect part about this guys, is if you don’t need it in one year, it will roll over so you won’t lose that adoption credit you will be able to use it throughout the next year or two. So for all those that do adopt, this is an awesome credit. You can reach me at 615-367-0819.

Announcer 0:51
You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 pm to 3 pm right here on 99.7 WTN.

 

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