Wednesday, March 24, 2010

Some good news--Adoption Tax Credit Extended and Increased

Some good news--the Adoption Tax Credit has been extended (through 2011) and the amount has increased!  That means if we are able to finish our adoption in 2011 (which probably isn't that likely--but I'm hopeful it will continually be extended after that), we would qualify for a $13,000-something tax credit.  Whoo hoo!  And it is now the GOOD kind of tax credit, that isn't limited by your tax liability.  :)

Adoption Tax Credit Extended and Increased

1 comment:

Annie said...

Yes, Amber! I think we too will be hoping that they will extend this new credit through 2012. I imagine they will.... :)