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Parenting -- Special Concerns
Reply to "Adoption costs?"
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[quote=Anonymous]You can find details about the amount of credit & how your HHI affects it at http://www.irs.gov/Individuals/Adoption-Benefits-FAQs. (I googled "adoption tax credit" and it was one of the top 5 links.) Be aware you can't claim the credit until the tax year your adoption is finalized. In our case, though our daughter came to live with us in November 2008 (and we had paid all our fees by then), b/c it was an international adoption with a specific visa (I want to say IR-4?), we had to readopt her in a DC court & couldn't claim the credit until the return we filed in April 2009. (That was a very specific circumstance, but if you're counting on getting the credit immediately, 180 mos. makes a big difference.) [/quote]
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