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Old 03-01-2002, 11:50 AM
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Re: Re: DO NOT UNDERSTAND

Originally Posted By Mack

Thanks so much for the information! I didn't understand how the adoption credit worked, so I stood in line for 2 hours to speak with a tax consultant at the public library. He told me that I would only receive a credit if I owed money beyond what was deducted from my paychecks. He also said that I could not reduce my withholdings to zero, because . . . I don't know, something about my taxable wages having nothing to do with the adoption credit. In a nutshell, he said that only people with extraordinaryly high incomes could benefit from the adoption credit.

I'm glad I chose to research further, rather than take his word for it!
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