Codes for Apportionable Refundable Credits, TC-40A Part 6 ME Refundable adoption expenses credit

Keep all related documents, including credit forms, with your records. You may have to provide this information later to verify a credit claimed on your return.

Each apportionable refundable credit is explained below.

(ME) Refundable Adoption Expenses Credit (UCA §59-10-1114)

You may claim a refundable credit of up to $3,500 for expenses related to an adoption finalized during the tax year.

To qualify for this refundable credit, your adjusted gross income must be less than:

$55,000 if your filing status is married filing jointly; or

$27,500 if your filing status is single, head of household or qualifying surviving spouse.

If your income is greater than these limits, see the nonrefundable adoption expenses credit (code AS) .

You do NOT qualify for an adoption expenses tax credit if:

you received any state or federal assistance during the tax year;

you claimed the same expenses as a federal tax credit under 26 USC Sec. 23;

if married, you and your spouse did not file a joint federal tax return; or

you are adopting your spouse’s child or your spouse is adopting yours.

For more information and to apply for this credit, contact:

Department of Workforce Services [email protected] Phone: 801-526-9621 Fax: 801-526-9244 jobs.utah.gov/adoptioncredit