Qualified Adoption Expenses (QAE)
Used for the adoption credit, this includes all the necessary expenses surrounding the adoption of a child. Investopedia Says:
Qualified adoption expenses encompass things like attorney fees and other expenses, but it does not apply to expenses paid while adopting a spouse's child. Related Terms:
Adoption Credit
Child Tax Credit
Earned Income Credit
Education IRA
Exempt Income
Exemption
Expense |