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adoption tax credit?

ZaphinaZaphina member
in Adoption
in lurking through some prior posts i see people mentioning adoption tax credits and eligibility thereof. what are these? how do you know if you would qualify? any info would be appreciated!
S/P L salpingo-oophorectomy w/ septic torsion 1999, dx moderate to severe Crohn's dz 2004. DH S/P hypospadic sx w/ multiple subsequent scar tissue removals, S/P herniorrhaphy. Married on 10/7/2006! TTC since May 2011; abnormal SA #1, better SA #2, normal HSG 7/2012, dx MFI/ low egg count, IUI! Baby Birthday Ticker Ticker Baby Birthday Ticker Ticker
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Re: adoption tax credit?

  • mommytoconnormommytoconnor member
    Check out the IRS website for more info.  The adoption tax credit is for a qualifying child, which is typically "special needs".  Special needs can mean different things from older child, to minority, to medical needs.  You can claim this the year your adoption is finalized.  Check into it and see if you qualify.  Being past the deadline, I don't know if you may have missed out.
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  • ZaphinaZaphina member
    thanks for the info! we're just starting to look into adoption, so any info is appreciated Smile
    S/P L salpingo-oophorectomy w/ septic torsion 1999, dx moderate to severe Crohn's dz 2004. DH S/P hypospadic sx w/ multiple subsequent scar tissue removals, S/P herniorrhaphy. Married on 10/7/2006! TTC since May 2011; abnormal SA #1, better SA #2, normal HSG 7/2012, dx MFI/ low egg count, IUI! Baby Birthday Ticker Ticker Baby Birthday Ticker Ticker
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  • Dr.LorettaDr.Loretta member

    To qualify you don't need to adopt a SN child.

    Currently the adoption tax credit is for an adoption finalized in that calendar year. You provide documentation that you finalized an adoption, and the government gives you $ back. For last year and this year, it's $13,100 per child, but it's set to expire at the end of this year. If it is allowed to lapse, there will be no reimbursement for healthy adoptions, and a $6K reimbursement for SN adoptions. If it's extended, all bets are off on the amount depending on what legislation goes through.

    There may be links in the FAQ

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  • ZaphinaZaphina member
    thank you!
    S/P L salpingo-oophorectomy w/ septic torsion 1999, dx moderate to severe Crohn's dz 2004. DH S/P hypospadic sx w/ multiple subsequent scar tissue removals, S/P herniorrhaphy. Married on 10/7/2006! TTC since May 2011; abnormal SA #1, better SA #2, normal HSG 7/2012, dx MFI/ low egg count, IUI! Baby Birthday Ticker Ticker Baby Birthday Ticker Ticker
    Report Reply
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