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Category: Credits

Adoption Credit and Income Phaseout Amounts for Prior Years

The credit and income limitations that apply to a carryforward are based on the limits in effect for the year the carryforward first arose, rather than the year or years in which the carryforward is claimed. If you did not pay additional adoption expenses in a later year related to that adoption or adoption attempt, you cannot increase your carryforward amount in a later year.

The following table shows the maximum dollar limitation and modified adjusted gross income phase-out range for the previous seven years.

Year

Maximum Tax Credit

MAGI Phase-out Range

2013

$12,970

$194,580-$234,580

2012

$12,650

$189,710-$229,710

2011

$13,360

$185,210-$225,210

2010

$13,170

$182,520-$222,520

2009

$12,150

$182,180-222,180

2008

$11,650

$174,730-$214,730

2007

$11,390

$170,820-$210,820


For further information see IRS Topic 607

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