[organicmommy]

Ok, I have a little more info..
This is taken from the North American Council on Adoptable Children.

Like the previous adoption credit the new credit can be claimed over 5 yers. In other words, families who do not owe enough tax to take the full credit for the year in which the adoption is finalized can apply the remaining credit over teh following 4 years worth of tax.

And I was wrong, this is teh first year that the tax credit is 10,000.
Was this child a special needs child? If not then you are only eligible for what you spent. Not for the full tax credit. You have to have full documentations of all your expenses to use it. The income limit is 150,000 starting this year also. the Maximum credit allowed is 10,000 adn that is if the adoption was finalized in the year 2002. Before that year, it was 5,000.

Hope that this helps some.