Hello!
I know we are trying to figure out the tax credit since we finalized last year, but we want to make sure the tax credit continues for those who will be finalizing an adoption in the future. We sent a sample letter and the info. below out to family and friends since the tax credit is changing and set to expire in 2014. Please consider sharing this with your family and friends and writing your representatives. If you want to see the sample letter, I'd be happy to share it with you.
Find your senators' e-mail addresses: http://www.senate.gov/general/contact_information/senators_cfm.cfm
Find your representative's e-mail address: https://writerep.house.gov/writerep/welcome.shtml
The Future of the Adoption Tax Credit:
• 2010 – Past filing year. The credit was $13,170. Refundable. No documentation of
expenses for special needs adoptions.
• 2011 – The credit is $13,360. Refundable. No documentation of expenses for
special needs adoptions.
• 2012 – The credit amount will be around $12,500. NOT refundable. No
documentation of expenses for special needs adoptions.
• 2013 – The credit will be $6,000. NOT refundable. Families will need to document
qualified expenses. (source: http://voice-for-adoption.org/sites/default/files/IRS%20Annoncement-Adoption%20Tax%20Credit.pdf)