Kansas

Kansas Adoption Credit K-47

Understanding the Kansas Adoption Credit K-47

FA

Family Tax Advisor

Tax Expert

4 min read
Published on 6 months ago
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The Kansas Adoption Credit, reported on Schedule K-47, allows Kansas residents to claim a state tax credit for adopting a child. The credit is calculated as 100% of the federal adoption credit allowed against the taxpayer’s federal income tax liability. This applies to all adoptions, including those of children with special needs.

Special Needs Adoption Credit

  • For a child determined to have special needs for purposes of the federal adoption credit under 26 U.S.C. § 23, Kansas allows a credit equal to 100% of the allowable federal adoption credit.
  • Kansas also allows an additional $1,500 credit for each qualified adoption of a child in the custody of the Kansas Department for Children and Families (DCF) or a child determined to have special needs, as provided under Kansas law.

How to Claim the Credit

  • Complete Schedule K-47 and attach it to your Kansas income tax return. Enter the required adoption credit information and complete all applicable lines of the schedule.
  • Retain supporting documentation to substantiate the adoption credit claimed.

Credit Limitation and Carryforward

The Kansas Adoption Credit is limited to the taxpayer’s Kansas income tax liability after all other allowable credits.

If the adoption credit exceeds the taxpayer’s Kansas income tax liability for the tax year, the unused portion may be carried forward to succeeding tax years until the credit is fully used.

Source:

Schedule K-47 (Adoption Credit) - Kansas Department of Revenue

Disclaimer: Always verify details with the official Federal or State Department of Revenue Forms and Instructions. For complex situations, consult a CPA or tax attorney.

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Key Takeaways

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