To: mandaladon
My wife and I are adopting 2 children, I wasn’t aware of this. I knew about the credit but did not know that we could actually receive that much as a “refund”.
4 posted on
04/02/2011 11:06:22 AM PDT by
Graybeard58
(Of course Obama loves his country. The thing is, Sarah loves mine.)
To: Graybeard58
Well, here's the kicker:
But the tax law allows parents who adopt "special needs" children to receive the entire credit even if they had no expenses.
11 posted on
04/02/2011 11:09:56 AM PDT by
Graybeard58
(Of course Obama loves his country. The thing is, Sarah loves mine.)
To: Graybeard58
My wife and I are adopting 2 children...That's awesome.
My best wishes to you all.
16 posted on
04/02/2011 11:14:32 AM PDT by
Allegra
(Hey! Stop looking at my tagline like that.)
To: Graybeard58
When we adopted in 97 we were hit with the alternative minimum tax.
To: Graybeard58
My wife and I are adopting 2 children, I wasn’t aware of this. I knew about the credit but did not know that we could actually receive that much as a “refund”. Depends on your skin color.
If you are not one of Eric's peoples, forget it.
60 posted on
04/02/2011 12:49:39 PM PDT by
E. Pluribus Unum
("...crush the bourgeoisie... between the millstones of taxation and inflation." --Vladimir Lenin)
To: Graybeard58
Good on ya for taking kids in.
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