International Adoption News
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7 Facts about the Expanded Adoption Credit
IRS Tax Tip 2011-34, February 17, 2011
below information was provided by the IRS to pass along to adoptive parents
You may be able to take a tax credit of up to $13,170 for qualified expenses paid to adopt an eligible child. The Affordable Care Act increased the amount of the credit and made it refundable, which means it can increase the amount of your refund.
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After much confusion, the State Department announces that Russian Adoptions HAVE NOT been frozen!
We are very excited to be able to continue to do the work that we do!
Thanks to all who have worked so very hard on this matter to allow us and our fellow Russian Adoption agencies to continue to place children in homes with loving families!
We hope that all continues to go well in resolving this confusion, and will…
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