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Old 08-14-2006, 01:16 PM
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ajrl ajrl is offline
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tax question re:failed adoption and an adoption in the same year

Has anyone done a failed adoption and an adoption in the same year?

We had a failed adoption that I was going to take the tax credit for this year since we lost money.

If by some miracle we do get matched and placed before the year ends can you take both the gain and loss on your tax return??

AJ
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biological daughter 13 years old

Foster parents to 9 children so far:


signed w/ 1st agency 1-06
2 failed matches in July 06 and Dec 06
Signed w/ 2nd agency Jan 07
baby girl born Jan 07
at home and loving it!!!!!

Finalized 4-12-07

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