INDIVIDUAL INCOME TAXPAYER-Effective for all taxable years beginning after Dec. 31, 1996 and before Jan. 1, 2013 as well as tax year 2014 and all tax years thereafter.
There are two types of adoption credits: (1) General Adoption Credit-A credit is allowed for residents adopting a child, and (2) Special Needs/Kansas Department for Children and Families Custody Adoption Credit-For residents adopting a special needs child or a child in the custody of the secretary of the Department for Children and Families, a credit shall also be allowed.
These credits are available to Kansas residents and to part-year residents of Kansas who file a Kansas tax return as a Kansas resident.
For all taxable years commencing after Dec. 31, 2005, Kansas law provides two types of adoption credits.
General Adoption Credit
The basic credit for residents adopting a child is 25 percent of the adoption credit allowed against the federal income tax liability on the federal return. An additional 25 percent is available to Kansas residents if the adopted child was a Kansas resident prior to adoption. An additional 25 percent is available to Kansas residents if the adopted child was a child with special needs.
Special Needs/Kansas Department for Children and Families Custody Adoption Credit
A $1,500 credit is available for those Kansas residents who adopt a special needs child or a child in the custody of the secretary of Kansas Department for Children and Families (previously known as Social and Rehabilitation Services) in addition to the general adoption credits.
Limitation of Credit
If the amount of credit exceeds the taxpayer’s tax liability for the tax year, the excess credit may be carried forward to the next succeeding year or years until the total amount of the credit has been used.