We also bolstered the adoption tax credit by making it partially refundable up to $5,000. In order to support those who decided to build their families through the heroic path of adoption. We increased the Dependent Care Assistance exclusion up to $7,500 from $5,000. And we increased the Child and Dependent Care tax credit which will help millions of families offset the cost of child care by nearly $1,000 on average. (07:35–07:43)
CLAIM
Asserts that the Dependent Care Assistance exclusion was increased to $7,500 from $5,000.
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