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Wednesday, September 24, 2008

Tax Law Adoption Assictence Program

by taxnick on September 24, 2008

Adoption credit.   Beginning in 2007, the credit allowed for an adoption of a child with special needs is $11,390 and the maximum credit allowed for other adoptions is the amount of qualified adoption expenses up to $11,390. The credit begins to phase out if you have modified adjusted gross income of $170,820 or more and [...]

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