Ok I just got off the phone with the IRS again and this is exactly what they told me. If you look at your 1040 and look at line 40. This is your tax liability. So I will use mine from last year as an example for everyone. Our number on line 40 is 6026 dollars. now on line now if you look at lines 43 thru 50, ours on those lines did not have anything entered last year, had we finished up and adoption, on line 49 we would have entered in 6026 to make the number on line 52 zero. This would make it so that the amount of tax we paid in through the year would be ALL refundable. So on ours, we paid in 10127 in tax last year and so instead of getting a refund of 4101 last year we would have gotten 10127. If you have questions about this call them yourself, you can ask again, but that is what I was just told with my taxes in front of me.
Hope this clears this one up.
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Jessica
www.organicmommy.com
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