Question about the tax credit being applied over 3 years

jillianmb · March 2013

I know that if you don't get the full $11,000 (ish) back on the first year, you can use the credit for an additional 2 years.This is the case with us.

Has anyone done this? I'm wondering if you got your refund faster the second year or if you had to give additional "proof" of your adoption for the first year, did you have to give it all over again the second year?

And for anyone who applied for the credit in general how long did the refund take?

jillianmb · March 2013

You know, now that I think about it I'm pretty sure this is the first year that the credit is non-refundable so maybe no one has encountered this before. *duh*

Well answered about how long it took still welcome!

lizlemon2 · March 2013

Anyone know if you can get the credit for foster care adoption? We didnt have any expenses, travel, etc.

Libs118 · March 2013

Hi - I am a lurker but wanted to answer in regards to foster care. We are in the process of adopting this way and I thought we would not qualify as we did not have expenses. My social worker informed me that we will qualify next year as almost all adop

kimmyb1020 · March 2013

We talked to our tax advisor about it (in regards to the future for us) and she said that it takes a while to get it back the first year. She worked with someone on it last year and they had to come back with paperwork a few times, so maybe it took a mont

Dr.Loretta · March 2013

I thought it was non-refundable, but was applied over 5 years, not 3

I would think the length of time to get a refund back will depend on what's going on with the tax code in general. My hunch is that this year is going to take time, since they j

orangecupcake · March 2013

We finalized in 2011, and submitted our taxes in April 2012. We had to resubmit paperwork a few different times (our state has the tax credit too). I think we finally got our entire refund by July, maybe? Not too long.

jillianmb · March 2013

Thanks for the responses!

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Question about the tax credit being applied over 3 years

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