The adoption credit is only available for domestic adoptions.

Adoption Credit

A tax credit offered to adoptive parents to cover qualifying expenses related to the adoption of a child.

Domestic Adoptions

The process of legally adopting a child who is a citizen of the same country as the adoptive parents, through the country's legal system.

Comprehend the circumstances that allow for the claim of the foreign tax credit and adoption credit.

Verified Answer

Final Answer :

False

Explanation :

The adoption credit is available for both domestic and international adoptions.

Learning Objectives

Comprehend the circumstances that allow for the claim of the foreign tax credit and adoption credit.