Amends the Internal Revenue Code of 1986 to increase the aggregate dollar limitation for qualified adoption expenses eligible for the adoption expenses credit.
Increases the limit to $20,000 for taxpayers who adopt two siblings in the same taxable year.
The current limit mentioned is $10,000, which is increased specifically for adopting siblings.
The amendment applies to adoptions finalized after the enactment of this Act.
The Act is titled the “Fight for Siblings Act of 2024”.