Posts Tagged ‘tax credit’
2011 Federal Tax Benefits
Unique tax rules affect resource, foster, kinship care, and adoptive families. Click here to get to a booklet that explains basic rules and offers tips on ways that families can legally claim the maximum tax benefits available to them.
Update on Adoption Tax Credit Refunds from NACAC
During the week of September 27, 2010 the IRS released guidance stating that adoption tax credit amounts carried forward from previous years are also refundable, so even parents who adopted as long ago as 2005 can benefit from the new law. These changes mean that if you adopted a foster child between 2005 and 2010 and [...]
Adoption Assistance for Children Adopted from Foster Care
This factsheet is prepared by the National Adoption Information Clearinghouse. It provides detailed, easy-to-read information about what adoption assistance is, what the eligibity criteria are, and how to arrange for adoption assistance.
