By now, many of you may have learned that a successful placement and adoption of a minor, with the exception of step-parent adoptions, makes you eligible for a 14,000 federal (and in some states, some level of state) income adoption tax credit (in addition to any gross income deductions allowed). A credit reduces the amount of the tax; a deduction reduces the amount of income the tax will be based. What If Our Placement Wasn't Successful? But what if the placement is disrupted? As emotionally devastating as a disruption is, are prospective adoptive couples still eligible for such tax savings? [...]