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Can you deduct adoption expenses?

If you adopted a child in California you can claim a credit for 50% of the cost.

How does the Missouri adoption tax credit work?

Individuals and business entities may claim a tax credit for their total nonrecurring adoption expenses. Missouri residents may claim up to $10,000 per child. You may claim 50% of the credit in the year the child is placed in the home and 50% of the credit may be claimed at the time the adoption is finalized.

What is the MO ATC form?

Claim the Adoption Tax Credit: Attach Form MO-ATC and Form MO-TC to the tax return each year the adoption tax credit is claimed. You may be eligible to claim an additional federal adoption tax credit in subsequent years, which will reduce your Missouri adoption tax credit and may result in a billing.