Category: Adopting
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Homestudy issues and the IRS.... May 9, 2012, 6:13 pm So.... I have to prove my (failed) adoption expenses for 2010 to the IRS. (I can't claim the expenses paid in 2011 because she became my step daughter in January of 2011) One of the required documents is the home study. I just got a copy in the mail from the homestudy lady, and I have to wonder...
President Obama's Proposed FY2013 Budget Includes Extension of ATCMarch 14, 2012, 8:34 pm [url=http://www.nacac.org/]NACAC[/url]
President Obama's Proposed FY2013 Budget Includes Extension of the Adoption Tax Credit
Under current law, the adoption tax credit is not refundable in 2012 or beyond and, beginning in 2013, would apply only to people who incur qualified adoption expenses...
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IRS advice to taxpayer on QAEs paid in years after adoption finalization March 26, 2012, 6:49 am Below is redacted taxpayer advice from the IRS Office of Chief Counsel. Although the specific facts are not made available, the advice discusses the availability of an additional credit for QAEs paid in a year after the adoption is final (e.g., re-adoption expenses for a foreign adoption). ...
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