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The adoption tax credit has been increased to $10,630 and almost all adoptions qualify, except stepparent adoptions. Learn what expenses are covered, and how to take the credit on your tax return.
http://tax-credit.adoption.com/
And not at all in the way anyone expected! A one-year extension is tacked on to the end of the health care bill that was just passed and signed! LOL!
http://forums.adoption.com/general-adoptive-parent-support/373275-federal-adoption-tax-credit-has-be
Since 2003, families who adopted a child with special needs from foster care could claim a federal adoption tax credit even if they had no adoption expenses.
http://www.nacac.org/taxcredit/taxcredit.html
Tax, expenses, and credit information for adoptions. ... Adoptive parents may be able to claim a tax credit on their federal income tax return for qualified adoption expenses.
http://library.adoption.com/articles/federal-adoption-tax-credit.html
Topic 607 - Adoption Credit and Adoption Assistance Programs for 2010 and 2011. For 2010 and 2011, you may be able to claim a refundable tax credit for qualified expenses paid to adopt an eligible child (including a child with ...
http://www.irs.gov/taxtopics/tc607.html
Stepparent adoptions are not included in the federal adoption tax credit. Individual states also offer tax benefits to adopting and adoptive parents.
http://adopting.adoption.com/child/adoption-tax-credit.html
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