What is the Montana Adoption Tax Credit?
Montana residents that complete an adoption may be eligible for the Montana Adoption Credit. Only one credit is allowed per eligible child, and the credit must be claimed in the tax year the adoption is finalized.
The credit is equal to $7,500 for the adoption of an eligible child from the Montana foster care system and $5,000 per adoption for any other eligible child.
An eligible child is anyone under the age of 18 or a person who is physically or mentally incapable of providing self-care.
A qualifying foster care adoption is one involving a child who was in foster care under the custody of the state of Montana at the time of adoption. The Montana Department of Health and Human Services will have issued you a letter certifying the foster care adoption. Attach a copy of this certification letter to your return.
For more information and instructions on how to calculate this credit, see Montana Form ADPT . When you claim this credit, you'll have to include a copy of Form ADPT with your tax return.
The credit is equal to $7,500 for the adoption of an eligible child from the Montana foster care system and $5,000 per adoption for any other eligible child.
An eligible child is anyone under the age of 18 or a person who is physically or mentally incapable of providing self-care.
A qualifying foster care adoption is one involving a child who was in foster care under the custody of the state of Montana at the time of adoption. The Montana Department of Health and Human Services will have issued you a letter certifying the foster care adoption. Attach a copy of this certification letter to your return.
For more information and instructions on how to calculate this credit, see Montana Form ADPT . When you claim this credit, you'll have to include a copy of Form ADPT with your tax return.
