The IRS reminds families that this filing season may offer significant tax-saving opportunities. The Child Tax Credit is up to $2,200 per qualifying child, with up to $1,700 per child being refundable. (“Refundable” means you can receive a refund of the amount even if you have no federal income tax liability.) If you adopted a child in 2025 or started the process before then, you may be able to claim an Adoption Tax Credit of up to $17,280 per qualifying child, with up to $5,000 per child being refundable. Keep in mind that income limits and other rules apply. Have questions? We’re here to help.
